http://wweek.com/portland/arti...now_about_taxes.html
Some food for thought. For the record I don't agree with all his points just thought it was an interesting article.
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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.
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.
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.
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.
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
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
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 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
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.
Keep Marching,
Skippy
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.
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.
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
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.
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.
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.
quote:The corps do not want a free ride, they want a fair ride.
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.