Proof Liberal Ideas Don’t Work No Matter Where They Are Tried.

Excessive taxation will always be countered by the movement of assets to less punishing environments resulting in the flight of capital and investment...

A perfect way to increase tax revenues eh ?
 
Many here advocate a 90 percent rate.

Like that PINKO COMMIE DWIGHT EISENHOWER?

Hell, he paid off America's WW2 debt and built the interstate system and ALL the infrastructure that present day teabaggers enjoyed as they aged, but think their posterity can do without.

Yes, heaven forfend we raise taxes to what they were back when American middle class upward mobility was the envy of the entire world. We can't have the workers sharing in the gains of the fruits of their labor. MANAGEMENT and shareholders should get all the dough....I mean where would the workers be without the BRAINS and inherited wealth of the upper classes, right?
 
Here's a blurb from the OP link...another thing that has happened to the USA.
Senior sources said that the first official figures indicated that there had been “manoeuvring” by well-off Britons to avoid the new higher rate. The figures will add to pressure on the Coalition to drop the levy amid fears it is forcing entrepreneurs to relocate abroad.

It's the TAX STRUCTURE that sends jobs overseas.

Obama and the dupes that follow him know this...they just don't care. They want the higher taxes....thinking the treasury will be flooded with excess money to give away.

Liberalism is a mental disorder!
 
The WW 2 debt was NEVER paid off, and from 1946 to 1970 it rose from $246 billion to $283 billion.
 
Many here advocate a 90 percent rate.

Like that PINKO COMMIE DWIGHT EISENHOWER?

Hell, he paid off America's WW2 debt and built the interstate system and ALL the infrastructure that present day teabaggers enjoyed as they aged, but think their posterity can do without.

Yes, heaven forfend we raise taxes to what they were back when American middle class upward mobility was the envy of the entire world. We can't have the workers sharing in the gains of the fruits of their labor. MANAGEMENT and shareholders should get all the dough....I mean where would the workers be without the BRAINS and inherited wealth of the upper classes, right?

Yes because nothing has changed since the 1950s. Also that was that marginal rate and no one paid that rate. The average rate the wealthy paid was around 28%. Last, he did not pay for it as we went 26 billion more in debt in his presidency. By the way, that would be 4.133 trillion counting inflation.
 
Many here advocate a 90 percent rate.

Like that PINKO COMMIE DWIGHT EISENHOWER?

Hell, he paid off America's WW2 debt and built the interstate system and ALL the infrastructure that present day teabaggers enjoyed as they aged, but think their posterity can do without.

Yes, heaven forfend we raise taxes to what they were back when American middle class upward mobility was the envy of the entire world. We can't have the workers sharing in the gains of the fruits of their labor. MANAGEMENT and shareholders should get all the dough....I mean where would the workers be without the BRAINS and inherited wealth of the upper classes, right?

Yes because nothing has changed since the 1950s. Also that was that marginal rate and no one paid that rate. The average rate the wealthy paid was around 28%. Last, he did not pay for it as we went 26 billion more in debt in his presidency. By the way, that would be 4.133 trillion counting inflation.

I heard that the marginal rate of 77% in 1918 paid only one person: john d. Rockefellar. But it is always a good strategy to tax the employers. Take away the money for that employers would buy machinery to raise the productivity of the employees, what would justify higher loans and raises welfare...
 
Many here advocate a 90 percent rate.

Like that PINKO COMMIE DWIGHT EISENHOWER?

Hell, he paid off America's WW2 debt and built the interstate system and ALL the infrastructure that present day teabaggers enjoyed as they aged, but think their posterity can do without.

Yes, heaven forfend we raise taxes to what they were back when American middle class upward mobility was the envy of the entire world. We can't have the workers sharing in the gains of the fruits of their labor. MANAGEMENT and shareholders should get all the dough....I mean where would the workers be without the BRAINS and inherited wealth of the upper classes, right?

Yes because nothing has changed since the 1950s. Also that was that marginal rate and no one paid that rate. The average rate the wealthy paid was around 28%. Last, he did not pay for it as we went 26 billion more in debt in his presidency. By the way, that would be 4.133 trillion counting inflation.

You sure? The dollar's purchasing power has decreased by a factor of 2000?
 
Like that PINKO COMMIE DWIGHT EISENHOWER?

Hell, he paid off America's WW2 debt and built the interstate system and ALL the infrastructure that present day teabaggers enjoyed as they aged, but think their posterity can do without.

Yes, heaven forfend we raise taxes to what they were back when American middle class upward mobility was the envy of the entire world. We can't have the workers sharing in the gains of the fruits of their labor. MANAGEMENT and shareholders should get all the dough....I mean where would the workers be without the BRAINS and inherited wealth of the upper classes, right?

Yes because nothing has changed since the 1950s. Also that was that marginal rate and no one paid that rate. The average rate the wealthy paid was around 28%. Last, he did not pay for it as we went 26 billion more in debt in his presidency. By the way, that would be 4.133 trillion counting inflation.

You sure? The dollar's purchasing power has decreased by a factor of 2000?

Not certain but I used a calculator on the net to calculate how much 26 billion in 1960 would be in today's dollars.
 
No one sees anything wrong with abandoning your home country over a minor raise in taxes? Good riddance to such disloyal selfish rubbish, no one should have access to a market where they are unwilling to pay the tax rate.
 
Yes because nothing has changed since the 1950s. Also that was that marginal rate and no one paid that rate. The average rate the wealthy paid was around 28%. Last, he did not pay for it as we went 26 billion more in debt in his presidency. By the way, that would be 4.133 trillion counting inflation.

You sure? The dollar's purchasing power has decreased by a factor of 2000?

Not certain but I used a calculator on the net to calculate how much 26 billion in 1960 would be in today's dollars.

Just to check and ran it through another site and it came up with the following

$26,000,000,000.00 in 1960 had the same buying power as $193,831,768,707.48 in 2011.
Annual inflation over this period was 4.02%.

Still a large sum of money to say it was all paid for.
 

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