The top marginal tax rate in 1947 was 91%. That was for incomes over $200,000. We have been led down the garden path.
Comment on Fact
Serinus@lemmy.world 7 months agoas a tax write-off.
People DO understand that the top marginal rate is 37%, right? So when she donates to charity she pays 63% of that charity and gets $0 back directly. It’s still spending money.
Unless she’s getting a ~70% kickback of the money from the charity. But that’s highly illegal. You have to be president to get away with something like that.
raynethackery@lemmy.world 7 months ago
li10@lemmy.ml 7 months ago
It’s probably not for tax reasons, but is 100% publicity. That’s all Taylor Swift™️ is.
She is essentially just a business that makes some decent commercial music, uses PR to develop a strong following and then monetizes the product.
I think her whole thing is fake and she just likes being the center of attention, not far off the Kardashians.
polygon6121@lemmy.world 7 months ago
Thanks, that’s a better way to put it. It is all in the interest of business. It obviously works great, because here we are discussing it, and some of us praising it… !