|
#6
|
||||
|
||||
Quote:
Keep in mind that the income tax rates back in 1939 were astronomical! If you made $20K a year, you paid 19% income tax. This rose to 28% in 1940 If you made $50K a year, you paid 35% in income tax (rose to 48% in 1940). In 1941, it rose again to 61%, and to 72% in 1942! $74K per year, you paid 51% income tax! (in 1940, this rose, to where you paid 54% if you made $70K a year) And, for those who made $500K a year, they paid a whopping 74% income tax! Steve
__________________
Successful BST deals with eliotdeutsch, gonzo, jimivintage, Leon, lharris3600, markf31, Mrc32, sb1, seablaster, shammus, veloce. Current Wantlist: 1909 Obak Howard (Los Angeles) (no frame on back) 1910 E90-2 Gibson, Hyatt, Maddox Last edited by Steve D; 03-14-2019 at 06:30 PM. |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Damn skunks | Leon | WaterCooler Talk- Off Topics | 4 | 10-01-2015 02:15 PM |
Harry Lumley Colorado Springs Millionaires? | Mountaineer1999 | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 4 | 04-17-2015 08:49 PM |
Seen this before, but damn | isaac2004 | Autograph Forum- Primarily Sports | 13 | 10-31-2013 05:10 PM |
Damn! Outbid already! | wondo | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 1 | 04-22-2011 06:32 PM |
1908 Williamsport Millionaires Baseball Sheet Music | Archive | Baseball Memorabilia B/S/T | 1 | 10-01-2008 05:50 AM |