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Wait 'til somebody tells Schultz what the top income tax rate was under FDR.
FDR actually proposed a 100% tax rate during WWII!
FDR: "no American citizen ought to have a net income, after he has paid his taxes, of more than $25,000 a year."
Congress enacted a *94%* top rate.
FDR: "no American citizen ought to have a net income, after he has paid his taxes, of more than $25,000 a year."
Congress enacted a *94%* top rate.
AOC's 70% top rate would have made her a flaming moderate back then.
