[Rhodes22-list] Flat Tax Anyone?

[Brad Haslett]

Dave,

Pay attention, I was talking about historical highs.  Here's a source.

http://www.socialistworker.org/2003-2/457/457_08_Taxes.shtml

Surely you can't argue with them, can you?  This is an excerpt:

"After Democratic President John F. Kennedy cut the top rate from 91 percent
to 77 percent, it was reduced to 70 percent and remained at or above that
level until the election until Republican Ronald Reagan was elected in 1980.
Reagan slashed the top income tax rate to just 28 percent."

Congratulations on your ability to complete a tax return so quickly.  I
can't which is why I've wasted my undergrad degree in accounting.

Brad


On 1/12/07, DCLewis1 at aol.com <DCLewis1 at aol.com> wrote:
>
>
> 90% huh?
>
> >From
>
> _http://www.taxes.state.mn.us/publications/press_releases/content/2006_tax_bra
> ckets.shtml_
> (
> http://www.taxes.state.mn.us/publications/press_releases/content/2006_tax_brackets.shtml
> )
>
> 2006 Minnesota income brackets and rates  for taxable income
>
> Married  joint
>
> More than
>
> But not more  than
>
> Rate
>
> $0
>
> $29,980
>
> 5.35  percent
>
> $29,980
>
> 119,100
>
> 7.05  percent
>
> $119,100
>
> 7.85  percent
>
>
>
>
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