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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (260153)11/14/2005 8:32:26 PM
From: bentway  Read Replies (1) | Respond to of 1572711
 
There have been times when the rich were taxed at MUCH higher levels than they are today, and when corporations were taxed at much higher levels than they are today, like the entire Eisenhower '50's. The rich have bought a pass today, both the individual rich and the corporate rich. They OWN the government, and you are just parroting their bought and paid for arguments.

home.att.net

1964 - Income tax, top rate: 77 percent.

1965 - Income tax, top rate: 70 percent.

1950s - Corporate tax: 52 percent.



To: Tenchusatsu who wrote (260153)11/15/2005 1:14:04 AM
From: American Spirit  Read Replies (1) | Respond to of 1572711
 
Wrong. You have to admire billionaires who are willing to pay taxes for the betterment of society rather than join the Bushies to get off easy or stash it all in the Cayman Islands. Tax evaders and billionaires who want to get off scot free seriously damage American society.

History has proven that trickle down economics doesn't work. The super rich don't hire more people when they're given tax breaks, they just stash it away and leave it for the spoiled rich kids. So in essence you're giving Paris Hilton types a tax break. That is the essence of Bush economics. That and piling up massive debts to leave the the next few administrations to pay off.