Effective tax rates on the top 1% for 100 years

[Truthmatters]

Reagan had a 50% tax on them for Years.

I think they can survive a 39% tax rate.

I think it's not your place to say. Your opinion isn't worth shit. And you are a class bigot and thief.

You are a bad loser.

A raise in taxes for this 1% is what this coutnry needs

 

[Gunny]

how does this post disprove anything Ive said?

This isn't the only post you've made that's here, is it?

This is just one in a long line of delusional, blind partisan dumbass shit from you.

Who ties your shoes in the morning?

 

[Gunny]

Reagan had a 50% tax on them for Years.

I think they can survive a 39% tax rate.

I think it's not your place to say. Your opinion isn't worth shit. And you are a class bigot and thief.

You are a bad loser.

A raise in taxes for this 1% is what this coutnry needs

You wouldn't know. I've yet to lose to you. I could shut down half my brain and be blind drunk and still get over on your retarded shit.

The fact is, you want to steal from those that have achieved more than you. It's no more complicated than that.

 

[Truthmatters]

Just how does this chart prove antything that I have said wrong?

personal attacks dont prove anything asswink.

 

[Truthmatters]

Tax year Top marginal
tax rate (%) Top marginal
tax rate (%) on
earned income,
if different<1> Taxable
income over--
1913......... 7..... 500,000
1914......... 7 ..... 500,000
1915......... 7 ..... 500,000
1916......... 15 ..... 2,000,000
1917......... 67..... 2,000,000
1918......... 77..... 1,000,000
1919......... 73 ..... 1,000,000
1920......... 73..... 1,000,000
1921......... 73..... 1,000,000
1922......... 58..... 200,000
1923......... 43.5..... 200,000
1924......... 46..... 500,000
1925......... 25..... 100,000
1926......... 25..... 100,000
1927......... 25..... 100,000
1928......... 25..... 100,000
1929......... 24..... 100,000
1930......... 25..... 100,000
1931......... 25..... 100,000
1932......... 63..... 1,000,000
1933......... 63..... 1,000,000
1934......... 63..... 1,000,000
1935......... 63..... 1,000,000
1936......... 79..... 5,000,000
1937......... 79..... 5,000,000
1938......... 79..... 5,000,000
1939......... 79..... 5,000,000
1940......... 81.1..... 5,000,000
1941......... 81..... 5,000,000
1942......... 88..... 200,000
1943......... 88..... 200,000
1944......... 94..... <2>..... 200,000
1945......... 94..... <2>..... 200,000
1946......... 86.45..... <3> 200,000
1947......... 86.45..... <3> 200,000
1948......... 82.13..... <4> 400,000
1949......... 82.13..... <4> 400,000
1950......... 84.36..... 400,000
1951......... 91..... <5> 400,000
1952......... 92..... <6> 400,000
1953......... 92..... <6> 400,000
1954......... 91..... <7> 400,000
1955......... 91..... <7> 400,000
1956......... 91..... <7> 400,000
1957......... 91..... <7> 400,000
1958......... 91..... <7> 400,000
1959......... 91..... <7> 400,000
1960......... 91..... <7> 400,000
1961......... 91..... <7> 400,000
1962......... 91..... <7> 400,000
1963......... 91..... <7> 400,000
1964......... 77..... 400,000
1965......... 70..... 200,000
1966......... 70..... 200,000
1967......... 70..... 200,000
1968......... 75.25..... 200,000
1969......... 77..... 200,000
1970......... 71.75 ..... 200,000
1971......... 70..... 60 200,000
1972......... 70..... 50 200,000
1973......... 70..... 50 200,000
1974......... 70..... 50 200,000
1975......... 70..... 50 200,000
1976......... 70..... 50 200,000
1977......... 70..... 50 203,200
1978......... 70..... 50 203,200
1979......... 70..... 50 215,400
1980......... 70..... 50 215,400
1981......... 69.125..... 50 215,400
1982......... 50..... 85,600
1983......... 50 ..... 109,400
1984.......... 50..... 162,400
1985.......... 50..... 169,020
1986......... 50..... 175,250
1987 .........38.5..... 90,000
1988......... 28..... <8> 29,750 <8>
1989......... 28..... <8> 30,950 <8>
1990......... 28..... <8> 32,450 <8>
1991......... 31..... 82,150
1992......... 31..... 86,500
1993......... 39.6..... 89,150
1994......... 39.6..... 250,000
1995......... 39.6..... 256,500
1996......... 39.6..... 263,750
1997......... 39.6..... 271,050
1998......... 39.6..... 278,450
1999......... 39.6..... 283,150
2000......... 39.6..... 288,350
2001......... 39.1..... 297,350
2002......... 38.6..... 307,050
2003......... 35..... 311,950

These are not personal attacks, these are facts.

The economy will do better under higher tax rates for the top earners in this country.

It has before and will again.

 

[GHook93]

Outstanding thread, Truthmatters. The truth hurts.

Bush's tax cuts for the rich are part of the reason we are in the mess we are in. That and the invasion of Iraq. We need to raise the top rates back to 39% and get the fuck out of Iraq.

OK! By your reasoning if the Bush Tax Cuts and the invasion of Iraq never happened, then the mortgage meltdown would have never happened, the AIG mess never would have happened, China wouldn't have passed us in the manufacturing sectior, the auto industry wouldn't have collasped, the credit crunch wouldn't have squeezed the banks etc. In fact, according to you, all Bush needed to do to avoid this was not invade Iraq and raise taxes on the wealth. Joker you have to be kidding!

 

[editec]

Every time income equity gets wildly out of line this nation has an economic meltdown.


Connect the freaking dots!

 

[Truthmatters]

Facts mean nothing to them.

 

[GHook93]

Every time income equity gets wildly out of line this nation has an economic meltdown.

Connect the freaking dots!

All dogs crap outside!
My neighbor has a dog!
Therefore, my neighbor's dog crap on my lawn!

That is you rationale type! Sorry I won't connect the dots that way!

 

[GHook93]

Facts mean nothing to them.

Pot calling the kettle black!

 

[Truthmatters]

why dont you comment on the facts in this thread then asshole?

 

[Gunny]

why dont you comment on the facts in this thread then asshole?

Why don't you produce some? You wouldn't know a fact if it was a brick and fell on your head. You'd wonder what happened.

The fact is, you are a class bigot and a thief. I have already explained how. Another example of you pretending you don't see what's there.

 

[editec]

how does this post disprove anything Ive said?

Of course it doesn't.

Facts are remarkable impervious to ad hominen attacks on whomsoever notes them.

These people have been propagandized and bribed to be slaves and pandering morons for their masters.

They have contempt for the working class (which they are ALL in, incidently, only they don't recognize that fact...yet) because they actually believe that the RICH are the source of all their wealth.

And sicne the RICH actually do CONTROL all wealth, they're more than willing to kiss their asses for health care and an adaquate standard of living even while they can see that their masters are destroying the nation they all claim to love so much.

Peasants ALWAYS love the king.

Seriously, check it out.

Every revolution against the king ended up being lead by the lesser nobility going against the excesses of the king, with the peasants MOSTLY siding with the king.

There is nothing NEW going on in America folks.

The power and control system that our Masters are using against us and our own interests is as old as the hills.

 

[Truthmatters]

Gunny the chart is a whole load of facts dude.

cant you EVER just discuss without reverting to nothing but personal attacks?

Those days are dead for your party ,its not going to fly anymore.

I gave facts you gave opinion that in your mind is fact.

 

[Truthmatters]

how does this post disprove anything Ive said?

Of course it doesn't.

Facts are remarkable impervious to ad hominen attacks on whomsoever notes them.

These people have been propagandized and bribed to be slaves and pandering morons for their masters.

They have contempt for the working class (which they are ALL in, incidently, only they don't recognize that fact...yet) because they actually believe that the RICH are the source of all their wealth.

And sicne the RICH actually do CONTROL all wealth, they're more than willing to kiss their asses for health care and an adaquate standard of living even while they can see that their masters are destroying the nation they all claim to love so much.

Peasants ALWAYS love the king.

Seriously, check it out.

Every revolution against the king ended up being lead by the lesser nobility going against the excesses of the king, with the peasants MOSTLY siding with the king.

There is nothing NEW going on in America folks.

The power and control system that our Masters are using against us and our own interests is as old as the hills.

Its just insane how they think of the 1% waelthest as the SOURCE of wealth in this country.

If the 1% disappeared tomarrow this country would be just fine. A new 1% would emerge by making money off the work all Americans do.

I just dont know why they think Paris Hilton should be treated like a god.

 

[cunclusion]

I get tired of hearing these dumb arguments. The bottom 50% of income earners don't pay federal taxes. In fact, many of them actually get money from the government despite not paying any taxes. From there, those who fall into the 50 to 75 percent bracket only pay around 15% of total taxes. The top 25% pays the rest, with the top 1% paying around 35% of all federal taxes.

I know the idea of making the top 1% pay 75% of all taxes is enticing to you liberal freaktards, but it's really not a good economic idea. Raising taxes 3 or 4 percent temporarily, maybe. But this rant against the rich gets old. I have a better idea though, if you want to increase revenues. Get rid of some of the loopholes for the wealthy. Despite the total percentage paid by the rich, most don't pay the top rate to begin with because there are so many ways to hide their money. Reduce the marginal rates a little, and cut out the loopholes.

Agreed and i'd like to add that the rich are not the only tax cheats.....

Sorry but I need to spead some information to the uninformed everyone who works pays taxes period. Now if you are talking about Federal Income Tax yea then everyone doesnt pay it but regardless you still have to pay Medicare and Fica so the saying that low income people who work dont pay any taxes doesnt make sense!

 

[Truthmatters]

they pay all kinds of taxes on purchases also.

The 1% do not work.

They earn by investment on the WORK of the rest of this country.

They are like the fat flea on the dog.

They dont help him they live off him.

Sometimes the Dog bites the flea off.

 

[editec]

The workers (of every class, INCLUDING THE SUPERWEALTHY) are the source of all wealth, folks.


But when the sueprwealthy are rewarded for their contribution in excess, the same thing happens...

they invest on the supply side, while the demand side is going down since the demand side isn't making enough to BUY enough.

Meanwhile, in order to get the demand side enough money to buy stuff, the CREDIT game starts.

Eventually many americans are borrowing just to keep their heads above water.

And those borrowing Americans always think that things will get better so they'll be able to catch up, but since they're being GOUGED for credit, they cannot.

Then the market tanks and everybody wonders why.

Idiots!

 

[Jon]

The workers (of every class, INCLUDING THE SUPERWEALTHY) are the source of all wealth, folks.


But when the sueprwealthy are rewarded for their contribution in excess, the same thing happens...

they invest on the supply side, while the demand side is going down since the demand side isn't making enough to BUY enough.

Meanwhile, in order to get the demand side enough money to buy stuff, the CREDIT game starts.

Eventually many americans are borrowing just to keep their heads above water.

And those borrowing Americans always think that things will get better so they'll be able to catch up, but since they're being GOUGED for credit, they cannot.

Then the market tanks and everybody wonders why.

Idiots!

Your assessment fails to mention that the demand side borrowed to live above their means, not within them.

 

[Truthmatters]

Its the big mistakes that caused this not the mistakes of the little guy.

The little guys mistakes could have been absorbed if the big guys had the right rules keeping them from gouging the little guy.