metamerist

Thursday, October 30, 2008

Semantic Conundrum

During the McCarthy Era, when Americans were incredibly concerned with and fearful of Communism, the top marginal tax rates in the U.S. usually exceeded 90%. Currently, if Wikipedia is serving me right, the top marginal rate is 35% and much of the kerfuffle between our presidential candidates involves small percentage point changes. If increasing the top marginal rate to the upper thirties makes one a 'socialist', what words should we reserve for the mid-century ninety percenters who were ostensibly fighting Communism tooth and nail?

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