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
|