Yurt
Gold Member
here is something for truthiness to study up so she stop spouting her freaking hack points over and over
effective tax rate Definition
effective tax rate Definition
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yes, the pattern is, you punish the rich the economy suffers.
let tax the wealthy ( if you want to make it 400,000 a year fine) 91% again , it seemed to work prettty damned well.
Hell lets give them the same tax deduction too.
Why piss on what worked?
Finding patterns in data does not mean you have to ignore other data.
Please go get the data you suggest will show me Im wrong.
I am willing to look at facts unlike the majority on the right here, YOU always seem much more willing to accept fact and I praise you for it.
Thank you, I just started posting here again and have not figured out most posters political stands yet, I wasn't so much as arguing with you as talking in generalities.
After WWll though, there were millions of men coming back from the war, a baby boom took place, most of the world didn't have a manufacturing base, it was destroyed by the war so I would think that would play a huge role in that era, wouldn't you?
I was talking just the US, after the war we had a top marginal tax rate of 91%, it did not hinder the economy as the right suggests, it helped build a society that was wonderful for the average Americans life. It was when we had the BEST schools in the world, had the highest respected higher education and an infrastructure the world sought to emulate. Usually a post war condition falls prey to an econoimic downturn due to the returing vets seeking work in the private sector. Instead we had the GI bill which created a winderfully educated working force.
It was undoubtedly a high point in this countries history.
TM,
Have you ever heard of the Money Supply and The Federal Reserve?
And those 91% tax rates in the 1950s were at at income levels above $400,000 - which in 2010 dollars would be over $3,000,000.
THREE MILLION DOLLARS is quite a bit higher than the TWO HUNDRED FIFTY THOUSAND DOLLARS that Obama has defined as The Rich.
Not to mention the differences in what was deductible and what was considered income....
But what truthdesnotmatter is trying to do is a frequently used left wing, class warfare ploy of misdirection
very true...the effective tax rate was much, much lower and usually around what it is now, if not lower
Finding patterns in data does not mean you have to ignore other data.
Please go get the data you suggest will show me Im wrong.
I am willing to look at facts unlike the majority on the right here, YOU always seem much more willing to accept fact and I praise you for it.
Thank you, I just started posting here again and have not figured out most posters political stands yet, I wasn't so much as arguing with you as talking in generalities.
After WWll though, there were millions of men coming back from the war, a baby boom took place, most of the world didn't have a manufacturing base, it was destroyed by the war so I would think that would play a huge role in that era, wouldn't you?
I was talking just the US, after the war we had a top marginal tax rate of 91%, it did not hinder the economy as the right suggests, it helped build a society that was wonderful for the average Americans life. It was when we had the BEST schools in the world, had the highest respected higher education and an infrastructure the world sought to emulate. Usually a post war condition falls prey to an econoimic downturn due to the returing vets seeking work in the private sector. Instead we had the GI bill which created a winderfully educated working force.
It was undoubtedly a high point in this countries history.
National Taxpayers Union - History of Federal Individual Income Bottom and Top Bracket Rates
this one goes all the way to 2008
heres the chart
Not to mention the differences in what was deductible and what was considered income....
But what truthdesnotmatter is trying to do is a frequently used left wing, class warfare ploy of misdirection
very true...the effective tax rate was much, much lower and usually around what it is now, if not lower
Go get proof of your numbers
National Taxpayers Union - History of Federal Individual Income Bottom and Top Bracket Rates
this one goes all the way to 2008
heres the chart
Okay. EXPLAIN WHAT IT MEANS.
let tax the wealthy ( if you want to make it 400,000 a year fine) 91% again , it seemed to work prettty damned well.
let tax the wealthy ( if you want to make it 400,000 a year fine) 91% again , it seemed to work prettty damned well.
Then you suport selective equality??
Can we bring it to the legal system, employment law, housing, and everything else??
Nah... I'll stick to supporting systems based on freedom and equal treatment.... not this Robin Hood bullshit of the greedy entitlement junkies
Hoover increased taxes, how did that era work out?