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the american plutocracy
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Secular Humouresque
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First recorded activity by BoatBanter: Oct 2010
Posts: 285
the american plutocracy
On 10/9/10 11:06 AM, BAR wrote:
In articleabydnTRIjvxu4i3RnZ2dnUVZ_tadnZ2d@giganews. com,
says...
Why don't we just go back to a time when we actually had a good economy and
do things like they did?
During Eisenhower's tenure the top tax rate was 91%, during Nixon it was
50%, and now we are arguing about whether it should be 35% or 39.6%.
Anybody see a trend?
Your are trying to say that higher marginal tax rates equal prosperity?
How about we go with a flat tax. The Government (local, state and
federal) get 15% and no more. At the end of each year the government
gets 15% of each individual's and corporation's gross revenue. The
local, state and federal governments can fight each other for their part
of that 15%. There are no other taxes. No sales taxes, no real estate
taxes, no excise taxes when I purchase new tires.
If I know I am going to keep 85% of all of the money I receive I would
be happy.
I forgot...what sort of boat do you have these days?
--
Republicans are the Party of No:
No Leaders / No Ideas / No Morals
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