and the percent of all federal income taxes they paid went from 20% to 40%
and someone (a libturd) wants to steal it?? In a free country if you don't want someone to have your money you don't buy his products, you don't buy the products and then steal the money back.
"reductions in top tax rates under Presidents Kennedy and Reagan, and reductions in capital gains tax rates under Presidents Clinton and George W. Bush, not only "paid for themselves" but also provided enough extra revenue to finance negative income taxes for the bottom 40% and record-low income taxes at middle incomes."
Mr. Reynolds is a senior fellow with the Cato Institute and the author of "Income and Wealth" (Greenwood Press 2006).
Also, the bottom 50% earned $288 billion in AGI in 1980 and $1055 billion in 2009 so they too are doing very well. This is not to mention how in a liberal country the bottom 50% got tons of new welfare program money.
Here’s what Haskins reported: From 1980 to 2011, annual spending on these programs grew from $126 billion to $626 billion (all figures in inflation-adjusted “2011 dollars”

; dividing this by the number of people below the government poverty line, spending went from $4,300 per poor person in 1980 to $13,000 in 2011. In 1962, spending per person in poverty was $516.