Time for the Wealthy to Pony Up


Time for the Wealthy to Pony Up


In 1970, I was 22 years old. The top tax bracket in the U.S. was 71.5% for net income over $200,000. That had been 77% in the previous year. Unions were still strong, and there were still many single wage-earner households. Almost no one had medical insurance, but medical care wasn’t expensive. I had health insurance through my work — it was an insignificant expense. Even when I started my own business and had to pay all of my medical insurance, that was never an expense that concerned me. That would not be true today!


https://medium.com/it-doesnt-fit/time-for-the-wealthy-to-pony-up-80337c9e4de2?sk=607140045ddf1c42d2046aba1584edd6


Comments

Post a Comment

Popular posts from this blog

A Telegram From Mark Twain to My Great-Grandfather

Image
  A Telegram From Mark Twain to My Great-Grandfather We have some written history and some oral history. Do they tell the same story? Anthony Lawrence (Pcunix) Photo by author — one of my most favorite books One of my cousins is very interested in genealogy. He has a lot of fun with it, perhaps because he often visits or has extensive phone contact with cousins he finds through his research. I’m not disinterested in my ancestors and living relatives. Still, I also realize that we are all cousins; for every famous person we might find a close connection with, dozens of rapscallions and worse are just as closely related. I also tend to question family lore. For example, my paternal great grandfather was an artist of some minor renown. The history passed down to me has him involved with many things, including: From Wikitree  https://www.wikitree.com/wiki/Lawrence-5332 .. an interior designer for the White House under McKinley, the Toronto Parliament Building, the Boston Public Library (ce
Read more

My Great-Grandfather’s Toy Cannon

Image
  My Great-Grandfather’s Toy Cannon I’m not sure that “toy” is the right word, however, that is the word my father and his mother used. Anthony Lawrence (Pcunix) History The “toy” cannon The picture above is a Lawrence family heirloom. I’m not sure that “toy” is the right word, however, that is the word my father and his mother used. I know that it was a gift to Herbert Myron Lawrence, my father’s grandfather. My father gave it to me and I, in turn, have given it to my oldest daughter. HML engraving I do not know how old Herbert was when he received this. He was born in 1851 and died in 1937, which does not identify the time frame of the gift. However, my father did say it was a gift, not something he bought for himself. That could be a misunderstanding. The cannon is engraved with HML initials. One  reference I found  asserts: In fact, toy cannons date back to the American Civil War and before, and not only were they popular toys for children, they were remarkably dangerous. Many of t
Read more

A Major League Ballplayer Who Quoted Shakespeare at the Umpire

Image
  A Major League Ballplayer Who Quoted Shakespeare at the Umpire And who happened to be my mother’s uncle Anthony Lawrence (Pcunix) HISTORY My mother’s uncle wrote this book Lloyd Garrison “Chick” Davies was an unusual baseball player .  He only played four widely separated seasons in the major leagues and four more in the minors, but he did distinguish himself playing for the New York Giants in the 1926 World Series, leading the National League with 6 saves and 29 games finished. He also happened to be my great-uncle . See below for an update that explains that he did not play in the 1926 World Series but did play against Babe Ruth, Ty Cobb, and Shoeless Joe Jackson. Oh, and he wrote a book about pitching .  I vaguely remember seeing a copy of it when his sister, my grandmother, lived with us after her husband died.  I wasn’t interested then in pitching or great-uncles I had never met; I wish now that I had been. My quest I  recently bought a well-worn copy of that book, titled  “Art
Read more