Sort of like how the income tax in America started with it only applying to the top 1% of earners?
Do you remember when the top marginal tax rate was 90%? Things don't only move in one direction. The effective tax rate on the ultra wealthy has been steadily trending down for decades.
alt Hacker News
Do you remember when the top marginal tax rate was 90%? Things don't only move in one direction. The effective tax rate on the ultra wealthy has been steadily trending down for decades.