Impeach George W. Bush Message Board

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Politics : Impeach George W. Bush

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To: jttmab who wrote (15319)	10/7/2002 12:51:56 PM
From: bearshark	Read Replies (1) of 93284

The rate was 70 percent and it kicked in well into the 6 figure range. Here is a list of the old tax rates. taxplanet.com The issue of taxation is complex and I try not to think about it. I pointed out the tax rate prior to Mr. Reagan because I think lowering them was a positive contribution of the Reagan Administration. However, I don't know what rate is just right. The 70 percent rate seems too high to me and the earlier rates in the 1950s seem even worse. I like your suggestions but I do not know how they would affect the economy. I like the idea of a flat tax rate that can be adjusted for current economic conditions. However, I don't think the real estate and home building industry would allow it to happen. As a result, we are stuck with some version of the current mess. Watch Mr. Bush tonight--if you can--and view him as a politician. He is interested in the issue he will talk about and will make a simple presentation that the average citizen will understand. Many of us don't give him credit because he looks a bit sappy. He isn't. He understands his strengths and weaknesses and takes advantage of both. I am just now appreciating his competence as a politician.

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