56% is a sane top tax rate if you feel that you make enough money and you feel that you want to contribute to the infrastructure and services that the government provides.
56% is a low top marginal tax rate. The United States had a top marginal income tax rate that was higher than 56% between 1932 and 1980. It was 90% between 1950 and 1963.
56% is a low top marginal tax rate. The United States had a top marginal income tax rate that was higher than 56% between 1932 and 1980. It was 90% between 1950 and 1963.
http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Doc...