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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (78303)	1/27/2010 12:23:54 PM
From: TimF	2 Recommendations Respond to of 224756

I notice you did't post the higher rates from 1993-2000. I also didn't post the rates before Reagan. Both are irrelevant to the point. You asserted that we had the lowest rates since WWII, the data I posted shows you where wrong. Those were years of prosperity with much higher maximum tax rates. They were years with higher tax rates than now, but not "much higher". And the rates were much lower than pre-Reagan. The drop from those very high tax rates before Reagan had a durable benefit. Moving from 39.6 percent to 35 percent is harmful, but not harmful enough to preclude solid economic growth if other factors line up right which they did.