Subject: Re: Mellon 'pays' the military
P.S. The Mellons were taxed at a 91% marginal tax rate from 1940-1980.
We need to go back to that tax structure. Get rid of all the tax cuts (and the elimination of the estate tax). At least back to Reagan.
It's all those cuts for the past 40+ years that are -primarily- responsible for our deficit/debt. Ironically, the party that complains the loudest about the deficit is also the party that is majority-responsible for the massive deficit/debt. At least back to Reagan (and maybe further...I'd have to look up data beyond him). Reagan tripled the national debt at the time.