Are there any 'Centrists' here?????? ANYONE?????

why does this chart show that when the top tax rates were near 90% we did great?

Looking at one economic factor rarely gives you an accurate assessment. A better question might be, why did the rich tolerate a 90% rate and less likely to do so now?

It probably had to do with the fact that there were more deductions they could take without having to document them as stringently as they have to now.
 
its a good thing the American people have figured your party out.


dinos in a tar pit you are
 
why does this chart show that when the top tax rates were near 90% we did great?

Perhaps you should garner facts that are more up-to-date. Here, for example, is what the Tax Foundation, a nonpartisan research organization that has monitored fiscal policy at the federal, state and local levels since 1937, has to say.

Washington, D.C., October 25, 2012—President Obama’s proposal to raise taxes on individuals earning more than $200,000 would slow economic growth and reduce future incomes across the board, according to a new analysis by the Tax Foundation. The amount of income that would be lost over the next ten years because of higher taxes varies by state, ranging from $2 billion in Vermont to as much as $241 billion in California.

“President Obama’s campaign to raise taxes on high-income earners presents an overly simplistic view of the economy, as if tax increases only affect those people who write checks to the IRS,” said Tax Foundation chief economist William McBride. “When high income families are hit with additional taxes, they reduce spending on goods and services and invest less. All of this hurts economic growth over the long run, resulting in fewer jobs and lower wages.”

In dollar terms, the states most affected are large, high-income states. California stands to lose $241 billion over ten years as a result of the president’s tax policies, followed by New York at $186 billion, Texas at $131 billion, Florida at $104 billion, and Illinois at $74 billion.

As a percent of income, Wyoming is most affected, losing 1.82 percent of income in 2013, followed by Connecticut at 1.76 percent, New York at 1.61 percent, Delaware at 1.49 percent, and Massachusetts at 1.40 percent. In all, thirteen states are set to lose at least 1 percent of income as a result of these tax increases, and every state loses at least 0.5 percent of income.

Many businesses would also be directly affected by the President’s proposed tax increases, since the vast majority of businesses file under the individual tax code. These so-called “pass-through” businesses, such as partnerships, S corporations, and sole proprietorships, earn more income and employ more workers than companies which file under the corporate code. Most of this pass-through business income (about 66 percent) is reported by taxpayers earning more than $250,000.

Recent economic analyses that take into account the pass-through business sector find that raising personal income tax rates on high-income earners does significant harm is done to the economy. Economists Robert Carroll and Gerald Prante, for example, found that 710,000 jobs would be lost as a result of President Obama’s tax policies.

The State-by-State Impact of High-Earner Tax Hikes | Tax Foundation


Oh, and once again, how noticeable that TM hijacks yet another thread to make it all about HER!
 
Im not the top tax rate history or the SEC.


the only ones talking about ME are you idiots who cant deal with the facts presented so you make it about me
 
1. Because traveling to other countries wasn't as safe or easy.
2. Because the opportunity to make more money to offset the loss was more available.
3. Because this is a rejection of the rich people, along with greed for their property.
4. Because this isn't the end of the attack on the rich.

these dont make any sense.

Please prove any of that clap trap with so,me backing of facts

I never expect you to benefit from facts.

She wouldn't recognise a fact from someone else if it crawled three feet up her fart stack!
 
Tax Foundation - Wikipedia, the free encyclopedia


. Its website states that journalists should describe it as: "a nonpartisan tax research group",[5] though it has been described as having a "pro-business leaning"[6] and it has ties to various conservative groups.






The Tax Foundation has received funding from ExxonMobil and from conservative political groups such as the Koch Family Foundations, the Earhart Foundation,[20] and Citizens for a Sound Economy
 
using facts kills your historically failed ideas.


you have a choice to make.

the historicallhy failed ideas or facts.



they are diametrically oposed
 
using facts kills your historically failed ideas.


you have a choice to make.

the historicallhy failed ideas or facts.



they are diametrically oposed

Using Wikipedia as a source of "facts" pretty much kills your hysterically simplistic posts.

Fatso.
 
then you make a crappy dem.


when in our history did top tax rates chase the rich out of this country?





Because you poor ignorant child, there has allways been a state or states where they could move their wealth. Why do you think states like Delaware are the centers for corporate filings? Hmmm?

You know, you really are a sad representation of American liberals. The level of your ignorance is astounding.
 
top tax rates have been at 90% and our top tax people still stayed?


They love America too and make alot of money off our infrastructure
 

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