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bpuharic bpuharic is offline
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First recorded activity by BoatBanter: Dec 2009
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Default the american plutocracy

On Sat, 9 Oct 2010 11:06:11 -0400, BAR wrote:

In article ,
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 right loves a flat tax because it hits more of the disposable
income of the middle class than it does the rich

more of the reason why the US is becoming a plutocracy

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.


and what happens to defense, etc., in a recession. the right lives in
a bubble of fairy tales and delusions

and 15%? the US govt spends 20% of GDP now. where you gonna cut 25%
of govt?

go ahead. tell us