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<p>[QUOTE=&quot;HawkeEye, post: 2703547, member: 86305&quot;]All of this discussion is obviously why I didn&#039;t major in economics.&nbsp; As I remember the tax brackets got this high because this was the era when we thought paying off the WWII debt was a responsible thing to do. </p><p><br /></p><p>That all changed in subsequent years with unpopular wars and when politicians discovered we could just finance it and kick the can down the road.&nbsp; We also had LBJ who thought the old &quot;Guns vs Butter&quot; was outdated and we could have both.&nbsp; Lady Bird and the &quot;Great Society&quot; may still kill us all.&nbsp; Thus the $10T debt we have today.</p><p><br /></p><p>And still we are the best nation on earth in spite of all our faults.[/QUOTE]</p><p><br /></p>

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