SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Sunny Jim who wrote (46472)2/16/2009 1:42:54 PM
From: KyrosL1 Recommendation  Read Replies (3) | Respond to of 218621
 
There is no need for the tripling of top marginal tax rates, as happened in the Depression. Clinton's modest increase of the top tax rate from 30% to 40% turned huge deficits as far as the eye can see into a threatened elimination of public debt within a decade. So, relatively modest tax increases and modest benefit cuts will go a long way towards eliminating the threat of massive future obligations.



To: Sunny Jim who wrote (46472)2/16/2009 10:00:07 PM
From: Webster Groves  Read Replies (1) | Respond to of 218621
 
If you look real closely, taxes were raised in the early thirties and the US worked itself out of the Depression and built the strongest manufacturing economy in the world up through the 60's - all with higher taxes. It wasn't until high end taxes were lowered that things started to fall apart.

wg


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News