No one making less than $400,000 a year would see their taxes go up under the plan. Instead, Ms. Harris is seeking to significantly raise taxes on the wealthiest Americans and large corporations. Congress has previously rejected many of these tax ideas, even when Democrats controlled both chambers.

  • Gloria@sh.itjust.works
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    3 months ago

    Year Top Marginal Tax Rate Congress President

    1980 70.00% 🟦 Jimmy Carter

    1981 69.13% (🟦🟥) Ronald Reagan

    1982 50.00% (🟦🟥) Ronald Reagan

    1983 50.00% (🟦🟥) Ronald Reagan

    1984 50.00% (🟦🟥) Ronald Reagan

    1985 50.00% (🟦🟥) Ronald Reagan

    1986 50.00% (🟦🟥) Ronald Reagan

    1987 38.50% 🟦 Ronald Reagan

    1988 28.00% 🟦 Ronald Reagan

    1989 28.00% 🟦 George H.W. Bush

    1990 28.00% 🟦 George H.W. Bush

    1991 31.00% 🟦 George H.W. Bush

    1992 31.00% 🟦 George H.W. Bush

    1993 39.60% 🟦 Bill Clinton

    1994 39.60% 🟦 Bill Clinton

    1995 39.60% 🟥 Bill Clinton

    1996 39.60% 🟥 Bill Clinton

    1997 39.60% 🟥 Bill Clinton

    1998 39.60% 🟥 Bill Clinton

    1999 39.60% 🟥 Bill Clinton

    2000 39.60% 🟥 Bill Clinton

    2001 39.10% 🟥 George W. Bush

    2002 38.60% 🟥 George W. Bush

    2003 35.00% 🟥 George W. Bush

    2004 35.00% 🟥 George W. Bush

    2005 35.00% 🟥 George W. Bush

    2006 35.00% 🟥 George W. Bush

    2007 35.00% 🟦 George W. Bush

    2008 35.00% 🟦 George W. Bush

    2009 35.00% 🟦 Barack Obama

    2010 35.00% 🟦 Barack Obama

    2011 35.00% (🟦🟥) Barack Obama

    2012 35.00% (🟦🟥) Barack Obama

    2013 39.60% (🟦🟥) Barack Obama

    2014 39.60% (🟦🟥) Barack Obama

    2015 39.60% 🟥 Barack Obama

    2016 39.60% 🟥 Barack Obama

    2017 39.60% 🟥 Donald Trump

    2018 37.00% 🟥 Donald Trump

    2019 37.00% (🟦🟥) Donald Trump

    2020 37.00% (🟦🟥) Donald Trump

    2021 37.00% (🟦🟥) Joe Biden

    2022 37.00% (🟦🟥) Joe Biden

    2023 37.00% (🟦🟥) Joe Biden

    KEY [Congressional Control: Democrat🟦 Republican🟥 Split(🟦🟥)] [President: Republican Democrat]

    shamelessly copied from a reddit comment - sue me

      • TooManyFoods@lemmy.world
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        3 months ago

        He’s responsible for killing America. All our major economic problems caused by reinstating the policies that caused the great depression , and we’re surprised? No, we’re brain washed into believing that a gilded age to great depression cycle is good.

        • CaliforniaSober@lemmy.ca
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          3 months ago

          Yup Reagan is a totally grade A Asshole. He sucks and is responsible for lots of conservative shit.

          But this grade one BS isn’t helping other than confuse his role in all that.

          • MerchantsOfMisery
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            3 months ago

            As long as a person knows what top marginal tax rate is, this isn’t particularly confusing and I think it’s pretty shitty of you to be so critical while doing to provide what you think is better formatted data.

            • CaliforniaSober@lemmy.ca
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              3 months ago

              Oh yea! Just have everyone calculate the top marginal tax rate!

              Why don’t the children just format data?

              As long as you keep moving goalposts then why not have the test of us do it as well?

              • MerchantsOfMisery
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                3 months ago

                What are you talking about? No calculations are necessary, just an understanding of what top marginal tax rate is and how it’s lowering correlates to Americans getting poorer.

                What’s your deal? Lemmy is so exhausting with all the little wannabe Mean Girls weirdos like you being so snobby.

                • CaliforniaSober@lemmy.ca
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                  3 months ago

                  The fact that you make it a factor…

                  You are the one making this a deal maker, then turning around and acting like,it’s weird.

                  • MerchantsOfMisery
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                    3 months ago

                    What calculations are you even talking about? Your initial comment getting downvoted is a clear demonstration that people understand top marginal tax rate going down is a bad thing, yet you’re insisting that most people are too simple minded to understand this.

                    Is this some attempt at making yourself feel smarter than you are, or what? You still have yet to explain why calculating top marginal tax rate is necessary when data clearly showing the top marginal tax rate is before our very eyes.

                    You clearly don’t like the visualized data because you initially found it misleading. And now you’re desperately attempting to claim the data was presented in a poor manner when it really wasn’t, especially considering this is the comments section of Lemmy FFS.

        • CaliforniaSober@lemmy.ca
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          3 months ago

          The visuals are confusing. It makes Reagan looks good despite him being completely awful. Sorry it didn’t come through