tap4154
VIP Member
Horse Shit! Reagan got less than he asked for 7 out of 8 times. You folks need to quit quoting Fox. Reagan cut tax rates to a level lower than they had been since just before the great depression then he and Bush 41 borrowed enough from foreign banks to quadruple the national debt. Do you people ever research anything? Do you ever crave the truth?
Neither party has ever cut spending a dime but at least the Democrats had enough sense not to cut tax rates. God dammit....low taxes for the wealthy has never worked and it never will:
Do ANY of you Julias know that the rich already pay higher rates?
Do any of you Julias know that the top 10% of earners pay 71% of all income taxes, and the bottom 50% pay ZERO income tax?
Seems like the rich already pay their "fair share", eh? Maybe YOU Julias should pony up some more???
Current marginal tax rates:
10% on taxable income from $0 to $8,700, plus
15% on taxable income over $8,700 to $35,350, plus
25% on taxable income over $35,350 to $85,650, plus
28% on taxable income over $85,650 to $178,650, plus
33% on taxable income over $178,650 to $388,350, plus
35% on taxable income over $388,350.