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

To: locogringo who wrote (110444)	8/12/2011 11:00:38 AM
From: Kenneth E. Phillipps	1 Recommendation Read Replies (2) \| Respond to of 224750

The top income tax rate was 91 percent in 1960, 70 percent in 1980, 50 percent in 1986, 39.6 percent in 2000 and is now35 percent. Income from investments is taxed at a rate of 15 percent. The estate tax has been gutted. Tax rates of 50 percent for incomes in the 7 figure range would be considerably lower than their rate during the boom years of the post war era.

To: locogringo who wrote (110444)	8/12/2011 11:11:29 AM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 224750

The middle class has no money to spend because their wages have been stagnant ever since Bush took office.