bripat9643
Diamond Member
- Apr 1, 2011
- 170,170
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Sorry, all I need is to review the economic success of the US and it's clear to me that the bigger and stronger the middle class, the better everyone does. So, to get the deficit under control, yes, increase taxes on the top 1%. If we look back, lowering taxes on this group has not increased employment save when JFK did it and the highest bracket at that time was 71%. It's clear to me that stupidly high taxes on the rich hurt the economy and that stupidly low taxes on the rich hurt the economy. It's also clear to me that the Clinton rates were just about right.
The U.S. has had lower taxes than almost all of it's competitors for it's entire history. So how does that prove that taxation caused prosperity? Where is the evidence that low tax levels hurt the economy? We had low tax levels the entire history of the country before the Democrat criminals got the income tax passed. Are you claiming our economy performed poorly then?
Cutting taxes has worked every time it has been tried. It worked when Bush did it. It worked when Reagan did it. It worked when Kennedy did it. And it worked when Harding did it.
Your knowledge of history is sadly deficient.
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