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The rich do not pay taxes. It's that simple. Not compared to the percentage of their income.
These low tax rates spur greed and the reckless investing we are seeing today and causing the financial collapse of our society.
Our fathers knew somkwthing about this because of the depression. That's why they imposed a 97% tax rate on the upper rich, this spurred the greatest period of economic expansion this country has ever seen. The 1950's.

It is a complete scam, to teach trickle down as an economic system, it is not.
quote:
Our fathers knew somkwthing about this because of the depression. That's why they imposed a 97% tax rate on the upper rich, this spurred the greatest period of economic expansion this country has ever seen. The 1950's.

What a crock! A 97% tax rate would wreck this country. Just pass a flat tax and everybody pays. Or is that to fu##ing simple? The progressive tax system is choking America.
quote:
Originally posted by 73RangerXLT:
The rich do not pay taxes. It's that simple. Not compared to the percentage of their income.
These low tax rates spur greed and the reckless investing we are seeing today and causing the financial collapse of our society.
Our fathers knew somkwthing about this because of the depression. That's why they imposed a 97% tax rate on the upper rich, this spurred the greatest period of economic expansion this country has ever seen. The 1950's.

It is a complete scam, to teach trickle down as an economic system, it is not.

_________________________________________

This is the best way to chase those who create the jobs we need
right out of the country. I agree with the flat tax for everyone
with no exemptions.

Keep Marching,
Skippy Cool
quote:
Originally posted by 73RangerXLT:
The rich do not pay taxes. It's that simple. Not compared to the percentage of their income.
These low tax rates spur greed and the reckless investing we are seeing today and causing the financial collapse of our society.
Our fathers knew somkwthing about this because of the depression. That's why they imposed a 97% tax rate on the upper rich, this spurred the greatest period of economic expansion this country has ever seen. The 1950's.

It is a complete scam, to teach trickle down as an economic system, it is not.

Check the limits that were taxed at those rates. Over $400,000 in 1945. That would be the upper millionaires now. To give a perspective, gold was $36.50 an ounce in 1945.

http://www.truthandpolitics.org/top-rates.php
quote:
Originally posted by mad American:
quote:
Our fathers knew somkwthing about this because of the depression. That's why they imposed a 97% tax rate on the upper rich, this spurred the greatest period of economic expansion this country has ever seen. The 1950's.

What a crock! A 97% tax rate would wreck this country. Just pass a flat tax and everybody pays. Or is that to fu##ing simple? The progressive tax system is choking America.


What a Doof,
You have an article that demostrates in 1+1=2 terms that the rich don't pay taxes and you post this totally stupid post.
If tax rates are the lowest they have ever been, HOW IN THE WORLD CAN THEY BE STRANGLING THE ECONOMY?
quote:
Originally posted by skippy delepepper:
quote:
Originally posted by 73RangerXLT:
The rich do not pay taxes. It's that simple. Not compared to the percentage of their income.
These low tax rates spur greed and the reckless investing we are seeing today and causing the financial collapse of our society.
Our fathers knew somkwthing about this because of the depression. That's why they imposed a 97% tax rate on the upper rich, this spurred the greatest period of economic expansion this country has ever seen. The 1950's.

It is a complete scam, to teach trickle down as an economic system, it is not.

_________________________________________

This is the best way to chase those who create the jobs we need
right out of the country. I agree with the flat tax for everyone
with no exemptions.

Keep Marching,
Skippy Cool


Excuse me, their (the jobs) flying right out of the country right now and not paying any taxes, see GE. Why can't you retard republicans get that. Taxes have never been lower in the modern era, jobs have never been scarcer since the depression, our country has never been weaker economically, and the true measure of wealth among the middle class has never been lower since the depression.
quote:
Originally posted by 73RangerXLT:
quote:
Originally posted by skippy delepepper:
quote:
Originally posted by 73RangerXLT:
The rich do not pay taxes. It's that simple. Not compared to the percentage of their income.
These low tax rates spur greed and the reckless investing we are seeing today and causing the financial collapse of our society.
Our fathers knew somkwthing about this because of the depression. That's why they imposed a 97% tax rate on the upper rich, this spurred the greatest period of economic expansion this country has ever seen. The 1950's.

It is a complete scam, to teach trickle down as an economic system, it is not.

_________________________________________

This is the best way to chase those who create the jobs we need
right out of the country. I agree with the flat tax for everyone
with no exemptions.

Keep Marching,
Skippy Cool


Excuse me, their (the jobs) flying right out of the country right now and not paying any taxes, see GE. Why can't you retard republicans get that. Taxes have never been lower in the modern era, jobs have never been scarcer since the depression, our country has never been weaker economically, and the true measure of wealth among the middle class has never been lower since the depression.

___________________________________________

No excuse me 73,

you reference GE, good example. Their leader Jeff Immelt is one of the worst
for shipping jobs overseas. He is also Obama's buddy and Obama's Job Czar.
And republican retards, really? Could you be any more politicaly
incorrect? It's a proven fact. Socialism doesn't work, and neither do the
people when their in charge. Wink

Keep Marching,
Skippy Cool
quote:
Originally posted by skippy delepepper:
quote:
Originally posted by 73RangerXLT:
quote:
Originally posted by skippy delepepper:
quote:
Originally posted by 73RangerXLT:
The rich do not pay taxes. It's that simple. Not compared to the percentage of their income.
These low tax rates spur greed and the reckless investing we are seeing today and causing the financial collapse of our society.
Our fathers knew somkwthing about this because of the depression. That's why they imposed a 97% tax rate on the upper rich, this spurred the greatest period of economic expansion this country has ever seen. The 1950's.

It is a complete scam, to teach trickle down as an economic system, it is not.

_________________________________________

This is the best way to chase those who create the jobs we need
right out of the country. I agree with the flat tax for everyone
with no exemptions.

Keep Marching,
Skippy Cool


Excuse me, their (the jobs) flying right out of the country right now and not paying any taxes, see GE. Why can't you retard republicans get that. Taxes have never been lower in the modern era, jobs have never been scarcer since the depression, our country has never been weaker economically, and the true measure of wealth among the middle class has never been lower since the depression.

___________________________________________

No excuse me 73,

you reference GE, good example. Their leader Jeff Immelt is one of the worst
for shipping jobs overseas. He is also Obama's buddy and Obama's Job Czar.
And republican retards, really? Could you be any more politicaly
incorrect? It's a proven fact. Socialism doesn't work, and neither do the
people when their in charge. Wink

Keep Marching,
Skippy Cool


You just contradicted yourself and don't know it.
If GE is exporting jobs and are paying no taxes, then how would cutting their taxes further cause them to bring back jobs? Roll Eyes
They are paying no US taxes, they are paying taxes in the other countries with rates of 12% or 15%. Make the US rates the same, and they can bring their products back to the US to make.

If the US rates equal the other countries it cost them more to MOVE their operation overseas.

So they will stay here.
quote:
Originally posted by b50m:
They are paying no US taxes, they are paying taxes in the other countries with rates of 12% or 15%. Make the US rates the same, and they can bring their products back to the US to make.

If the US rates equal the other countries it cost them more to MOVE their operation overseas.

So they will stay here.

Congratulations, I believe you now are in agreement that corporations should pay taxes here in the good ole US.
quote:
Originally posted by mad American:
quote:
Our fathers knew somkwthing about this because of the depression. That's why they imposed a 97% tax rate on the upper rich, this spurred the greatest period of economic expansion this country has ever seen. The 1950's.

What a crock! A 97% tax rate would wreck this country. Just pass a flat tax and everybody pays. Or is that to fu##ing simple? The progressive tax system is choking America.


You are disputing history; you are ignoring reality.

From the comments section of the article:

By libertarian's logic, the period from 1945 to 1970 should have been an economic disaster: we spent money on building highways, airports, the space pogram, the GI Bill, the Marshall Plan, the Cold War, and more. Taxes on the highest brackets were set at 91%. According to libertarians, we must have done everththing wrong, yet after World War Two (by the the way, the largest public works project in American History that also ended unemployment), we saw the longest and most sustained period of growth and prosperity in American History--and it extended beyond the wealthy to people in all classes. Moreover, the debt was reduced considerably by 1974, in spite of it all. There is little historical rhyme or reason to link government spending to economic fortunes. 1835 is the only year ever that we have had no national debt in the US. Yet a year later, the Panic of 1837 plunged the country into a recession. The point: the recession might not have been CAUSED by being in the black, but by the same token, it did not prevent it either. Austerity, to all you libertarians, is a policy of barking up the wrong tree! Get with the picture: a laissez-faire system is great for generating profits for the few, but without rules and balance, it won't achieve anything else, and in the long run, it will lead to the decay of the American Republic.
quote:
Originally posted by skippy delepepper:

This is the best way to chase those who create the jobs we need
right out of the country. I agree with the flat tax for everyone
with no exemptions.

Keep Marching,
Skippy Cool


Did you read the article?

A corporate tax rate that is too low actually destroys jobs. That’s because a higher tax rate encourages businesses (who don’t want to pay taxes) to keep the profits in the business and reinvest, rather than pull them out as profits and have to pay high taxes.

The 2004 American Jobs Creation Act, which passed with bipartisan support, allowed more than 800 companies to bring profits that were untaxed but overseas back to the United States. Instead of paying the usual 35 percent tax, the companies paid just 5.25 percent.

The companies said bringing the money home—“repatriating” it, they called it—would mean lots of jobs. Sen. John Ensign, the Nevada Republican, put the figure at 660,000 new jobs.

Pfizer, the drug company, was the biggest beneficiary. It brought home $37 billion, saving $11 billion in taxes. Almost immediately it started firing people. Since the law took effect, Pfizer has let 40,000 workers go. In all, it appears that at least 100,000 jobs were destroyed.
quote:
Originally posted by seeweed:
quote:
Originally posted by b50m:
They are paying no US taxes, they are paying taxes in the other countries with rates of 12% or 15%. Make the US rates the same, and they can bring their products back to the US to make.

If the US rates equal the other countries it cost them more to MOVE their operation overseas.

So they will stay here.

Congratulations, I believe you now are in agreement that corporations should pay taxes here in the good ole US.

Yes, provided the good ole USA can meet the same tax rates as the other countries. The corp CEO's have only asked for a fair playing field. Do you buy your gas at the store that has it for $3.50 or the one that has it for $2.50? The corps do not want a free ride, they want a fair ride.
quote:
Originally posted by b50m:
They are paying no US taxes, they are paying taxes in the other countries with rates of 12% or 15%. Make the US rates the same, and they can bring their products back to the US to make.

If the US rates equal the other countries it cost them more to MOVE their operation overseas.

So they will stay here.


Do we match wage rates too? How does matching the Chinese average of $4/day for 10-hour days sound to you?
quote:
Originally posted by The Propagandist:
quote:
Originally posted by mad American:
quote:
Our fathers knew somkwthing about this because of the depression. That's why they imposed a 97% tax rate on the upper rich, this spurred the greatest period of economic expansion this country has ever seen. The 1950's.

What a crock! A 97% tax rate would wreck this country. Just pass a flat tax and everybody pays. Or is that to fu##ing simple? The progressive tax system is choking America.


You are disputing history; you are ignoring reality.

From the comments section of the article:

By libertarian's logic, the period from 1945 to 1970 should have been an economic disaster: we spent money on building highways, airports, the space pogram, the GI Bill, the Marshall Plan, the Cold War, and more. Taxes on the highest brackets were set at 91%. According to libertarians, we must have done everththing wrong, yet after World War Two (by the the way, the largest public works project in American History that also ended unemployment), we saw the longest and most sustained period of growth and prosperity in American History--and it extended beyond the wealthy to people in all classes. Moreover, the debt was reduced considerably by 1974, in spite of it all. There is little historical rhyme or reason to link government spending to economic fortunes. 1835 is the only year ever that we have had no national debt in the US. Yet a year later, the Panic of 1837 plunged the country into a recession. The point: the recession might not have been CAUSED by being in the black, but by the same token, it did not prevent it either. Austerity, to all you libertarians, is a policy of barking up the wrong tree! Get with the picture: a laissez-faire system is great for generating profits for the few, but without rules and balance, it won't achieve anything else, and in the long run, it will lead to the decay of the American Republic.


(Clap) (Clap) (Clap) You my friend are a breath of fresh air. You are one of the few that gets it.
quote:
The corps do not want a free ride, they want a fair ride.


No, they want to make as much profit as possible, paY THE FEWEST taxes possible, enjoy the most favorable support of the government, all the while having no LOYALTY THE THE COUNTRY OR SYSTEM that allows them this priviledge.
All the while, they happily allow our sons and daughters to die on foreign fields to ensure the protection of their interests.
quote:
Originally posted by 73RangerXLT:
quote:
The corps do not want a free ride, they want a fair ride.


No, they want to make as much profit as possible, paY THE FEWEST taxes possible, enjoy the most favorable support of the government, all the while having no LOYALTY THE THE COUNTRY OR SYSTEM that allows them this priviledge.
All the while, they happily allow our sons and daughters to die on foreign fields to ensure the protection of their interests.


Returning the compliment, to one who "gets it."

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