Individual Income Tax Rates:
1960:
20% ($0-$2,000 Head of Household, $0-$4,000 Married)
91% ($300,000+ Head of Household, $0-$400,00 Married)
2009:
10% ($0-$11,950 Head of Household, $0-$16,750 Married)
35% ($373,650+ Head of Household, $0-$373,650 Married)
Corporate Tax Rate:
1960:
30% ($0-$25,000)
52% ($25,001+)
2010:
Corporate Income Tax Rates
2010:
15% ($0-$50,000)
38% ($15,000,000-$18,333,333)
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I get it Scott. It's an easy message that pollsters tell you resonates with voters. But shouldn't we be talking about inflation, stagnation, globalization, down sizing, and shipping jobs overseas? That's the main difference between 1960 and 2010.
Then again, should I expect anything substantial from a candidate who said the following:
"I live every day like it's my last. Especially when JFK Jr. passed away and Princess Di. They're powerful, handsome, rich people, and they're dead. And they can't make a difference while I still can."
