What the wealthiest in America paid in taxes:
The top marginal tax rate in 1980 was (approximately) seventy percent and in 2013 was (approximately) forty percent.
In 1955, a ninety-one percent tax rate was charged on income "over $3,425,766 when adjusted for inflation." - Tax Foundation, Tax Policy Center, Alan Reynolds, from an article (11/24/15) by Andrew Syrios in Mises Daily Articles/ Mises Institute,
Please see the Carbuncle Moon post of 11/29/17.
The current Republican Tax Plan in Congress:
Sets "a top individual income tax rate of 37 percent, below 38.5 percent in the Senate bill and 39.6 percent in the House bill (which is also the rate under current law)." - Vox/ Dylan Matthews/ 12-18-17
As America's wealth is situated in the hands of fewer and fewer banks, corporations, and people, 50 % would be fair for the top marginal tax rate...
Please see Carbuncle Moon posts of: 12/2 and 12/1/17.
Please give to St. Jude Children's Research Hospital: 262 Danny Thomas Place/ Memphis, Tennessee 38105 / (901) 595-3300
A carbuncle is a roiled mass of skin or a beautiful gem...
Kevin O'Kendley is the owner of Carbuncle Moon, and the author of all original material on the website (there has been a very limited editorial input in some of my work). Quoted sources are noted. I am responsible for all posts.
Kevin O'Kendley: P.O. Box 172, Winterport, Maine, 04496, and 200 P Street, A-32, Sacramento, California, 95814, firstname.lastname@example.org.
Technical help is provided by an evolving computer genius, my son, Conor O'Kendley. A good kid with a great heart who can be reached at P.O. Box 172, Winterport, Maine, 04496.
Photography provided by a visual artist, my daughter, Caitlin O'Kendley, a young woman with a beautiful soul.
If your nonprofit is advertised on this site and you wish to have it removed please contact me at the above listed snail-mail or email address or use the contact form on the website.
If you download a blog, cartoon, a short story -- or for any other reason -- and wish to donate $ to this site, its author and technical support personnel, please send donations to above listed addresses payable to Kevin O'Kendley. My family and I could use the dinero.
All cartoons, blogs, and short stories are for sale.