Quote:
Originally Posted by Minte
I remember the deductions that were available back then. We could deduct everything even remotely business related. 90% rate was not even close to that. If you made $200k, 20 years ago you kept more of it then than you do today.
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But they spent more on education , you had public college and road systems were built and we had a bunch of wars. So everyone wasnt paying 12 percent. They also had a war tax.