"If you look back, it really was, there was a period of time when we were developing at the turn of the century which was a pretty wild time for this country and pretty wild in terms of building that machine, that machine was really based on entrepreneurship," he told the Times.Trump also pointed to the "late '40s and '50s," a time when, he said, "we were not pushed around, we were respected by everybody, we had just won a war, we were pretty much doing what we had to do."As a clarification, it should be pointed out that at the turn of the century there was no federal income tax in the United States. Something must have happened during that stretch that led to the creation of the income tax in 1913. Not long thereafter came the great depression. Without a doubt the first third of the 20th century was filled with fiscal and financial turmoil. Not too great.
The other time Trump termed "great" had a maximum tax rate at 90% or higher.
Does "Make America Great Again" ask for a return to pre-depression policies, or to a 90% maximum tax rate?
Can someone please explain?
