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.
Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (33784)11/9/2012 8:03:21 AM
From: Little Joe1 Recommendation  Respond to of 85487
 
"Why do you dispute that? Do you really think that back when the top tax rate was 91%, that people paid that rate?"

Yes I remember those years. Even though I was young and just starting out, I could have met with a tax shelter specialist 8 hours a day

That money was just wasted trying to avoid taxes. When Reagan lowered taxes it came off the sidelines and powered the economy.

lj



To: Brumar89 who wrote (33784)11/9/2012 10:49:56 AM
From: JBTFD  Read Replies (1) | Respond to of 85487
 
It seems probable that they were carrying more of the load than they are now. And since there is not a ton of heritage foundation data confirming that they pay more now, I surmise that the facts are probably being covered over by other more appealing talking points.