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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: longnshort who wrote (28404)	5/12/2008 3:20:40 PM
From: TimF	Respond to of 71588

And in addition to all the loopholes you have the fact that the 70% tax rate only kicked in at income levels that few people reached back in the 50s. Not to mention that there are a lot of other factors besides marginal top rates that effect economic growth. If a number of those other factors are operating in a beneficial manner, than you can have high growth, but its growth despite, not because of, the high marginal rates.

To: longnshort who wrote (28404)	5/14/2008 10:43:51 PM
From: RMF	Read Replies (2) \| Respond to of 71588

I'm sure that just about everybody STILL avoids paying the top tax rate today too, even though it's only 35% (I believe). I don't think ANY ballplayer or actor is worth the kinda money they're making, but there's nothin' I can do about it except REFUSE to go to professional sports arenas or movie theaters, which I pretty much do. I DO think it's more egregious though when a CEO makes MILLIONS for essentially driving his company into the ground and I try not to own the stocks of any companies that do that sort of thing.