Poor little commie, what do you fail to understand about "private"? It's pretty clear you're just a sniveling little brat that has never signed the front side of a paycheck. Get back to me when you have.
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They never get tired of pushing that turd up the hill do they?
These Commies never get tired of slinging bullsh**!
1. NOBODY paid the 90% tax rate because there was loopholes everywhere. What that tax rate did was stop money from moving out of investments into others because of the taxable event it caused.
2. The loopholes were closed, and the tax rate lowered, causing massive amounts of money to move from 1 sector to the other, which did cause LOWER taxable events which massively INCREASED money to the treasury. Look at income tax to the treasury tables!
3. What those lower tax rates did, was create far more millionaires, as people moved money from sector to sector. It created the American dream by allowing upward mobility for everyone willing to take a chance, and guess correctly. All you need do is look at tables from our own government which showed massive upwards mobility.
4. In fact....................more people moved from poor to middle class, and middle class to millionaires, than any other time in our country.
5. Want absolute proof by NOT looking up anything? What is the largest expense for most families? ANSWER------> that would be their home, and the mortgage they have to pay. Now then, look at the average size of the homes being built during the Commies supposed golden age. What was the average size? Now look at the average homes being built in the mid 80s on through to REGULAR Americans. Hmmmmmmm, if it was sooooooooo bad, where did they get all that money! How did most of them sustain their lifestyle when it sucked so bad? How did they do that, AND invest in 401Ks, along with sending their kids to college to learn how to be SOCIALISTS? Inquiring minds want to know!
6. These Commies whole stick is--------->look at all the money some people have. But, the real question is--------->how many of those people INHERITED that money, NOT named Kennedy? If they did NOT inherit it, how did they get it? How many of these Commies complaining own a new I-Phone? A new Galaxy? The latest and greatest gaming system? All of these companies/corporations, are filthy RICH! So why did you buy their products? ANSWER------->because they offered something you wanted, and were willing to pay the freight to get it! Now, you want your money back (through taxes) but want to keep your products, lol. But when the price of the next generation phone or gaming system rises dramatically because of the taxes these people are forced to pay because of SOCIALISTS, they will complain that they are getting screwed again, won't they; but they will again pay the freight while demanding their government does something about it, lol.
As a very wise person has said, and I repeat it often---------->Conservative Republicans are not, and never will be, the answer to all your problems. But liberal Democrats are certainly the cause of most of them! The rest of the problems, are caused by Socialists, and Communists.