So we're, we can do this. We have to choose to do it. I'm not saying that, you know, A high salary earner has to go back to the JFK years when your income taxed federally was like 80 or 90% on the top marginal rate. It doesn't have to be that, but we do need to true things up for multi billionaires, for giant corporations and, you know, for what Andrew Schultz memorably called on that podcast you mentioned, the middle rich. (21:12–21:22)
CLAIM
Asserts that during the JFK years, the top marginal federal income tax rate was 80 or 90%.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
