Truthmatters
Diamond Member
- May 10, 2007
- 80,182
- 2,272
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- #1
what makes you think it will be bad if we raise their taxes a little?
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holy smokes..
91-92% tax rate were the GOOD YEARS..
Why doesn't Obama and Democrats just ask for 100%...We can have some WONDERFUL YEARS AHEAD
UTOPIA here we come
In both examples it took merely five years of low tax rates on the top to produce a crash
Historical Top Tax Rate
from 1950 to 1963 the top tax rate was 91-92%
those years were not bad years economically
Note: This table contains a number of simplifications and ignores a number of factors
In both examples it took merely five years of low tax rates on the top to produce a crash
So you think the low rates in the 1920's were responsible in any way for the crash? By what chain of logic? The existence of lower tax rates in the 20s and under Bush43 have never been proved to cause the economic downturn which followed. Kennedy lowered rates, and so did Reagan, no crash there.