06-01-2015, 04:24 PM
(06-01-2015, 04:16 PM)michaelsean Wrote: Do these wealthy people get all of the write offs that they could use in the 50s? And how about all of the perks that weren't considered compensation?
The exemptions and deductions from the time frame of high rates are about the same as they are today.
http://www.irs.gov/pub/irs-prior/i1040--1946.pdf
http://www.irs.gov/pub/irs-prior/f1040--1946.pdf
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR