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Re: [RT] taxes off topic but interesting.



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I seem to recall it was 98%. - so it sounds like 
yr. 97.5 was correct.
<BLOCKQUOTE 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Andrew Nopper 
  
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Thursday, May 16, 2002 1:25 
PM
  Subject: Re: [RT] taxes off topic but 
  interesting.
  
  I can top that. Back in the 60's or 
  early 70's in the U.K., the highest marginal rate of tax on unearned income 
  over a certain level was either 92.5% or 97.5%, I forget which. 
   
  Andrew
   
  <BLOCKQUOTE 
  style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
    ----- Original Message ----- 
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
    Ira Tunik 
    To: <A 
    title=realtraders@xxxxxxxxxxxxxxx 
    href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
    
    Sent: Thursday, May 16, 2002 12:34 
    AM
    Subject: Re: [RT] taxes off topic but 
    interesting.
    I remember when options income was classified as unearned 
    income and subject toa max tax of 75%.  Now that is a 
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