Dunno. But we could stand to. The top marginal bracket used to be like 70%.
Another thing I forgot to mention: the debt ceiling itself. It's kind of silly, because back in April, Congress agreed on a budget that involved spending about $3.8 trillion and taking in about $2.2 trillion in revenue. In other words, they already agreed they'd borrow the trillion and a half needed to make up the difference. Now they're arguing over whether or not to give themselves permission to do what they already agreed and promised to do.
Pronounced "shy guy."
Another thing I forgot to mention: the debt ceiling itself. It's kind of silly, because back in April, Congress agreed on a budget that involved spending about $3.8 trillion and taking in about $2.2 trillion in revenue. In other words, they already agreed they'd borrow the trillion and a half needed to make up the difference. Now they're arguing over whether or not to give themselves permission to do what they already agreed and promised to do.
Pronounced "shy guy."