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JFK, face-smashing Democrat
GrundleStiltzkin
Member Posts: 61,516 
in Tug Tavern
Comments
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I miss REAL liberals.
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Right wing extremist
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I'm glad you finally admit what you are.RaceBannon said:Right wing extremist
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That's easy to say when tax rates are 91% of income over $400k, the 75% bracket started at $100k, and $0-4k was 20%.GrundleStiltzkin said:
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link?2001400ex said:
That's easy to say when tax rates are 91% of income over $400k, the 75% bracket started at $100k, and $0-4k was 20%.GrundleStiltzkin said: -
Well that was stupid2001400ex said:
I'm glad you finally admit what you are.RaceBannon said:Right wing extremist
You still butthurt over Ty? -
https://www.google.com/url?sa=t&source=web&rct=j&url=https://web.stanford.edu/class/polisci120a/immigration/Federal%20Tax%20Brackets.pdf&ved=0CB4QFjABahUKEwjateCSvcfIAhVL8WMKHfC5COI&usg=AFQjCNF05GexdLM_Abs5G3Fpkh_gXY-isg&sig2=XrSmv5reVBI5IJUeCsZUAgdnc said:
link?2001400ex said:
That's easy to say when tax rates are 91% of income over $400k, the 75% bracket started at $100k, and $0-4k was 20%.GrundleStiltzkin said:
Look at 1960. Pretty crazy actually. Those rates were raised in the mid 50s trying to pay off the war bonds from WW2. -
Pretty crazy indeed. I'd be content with higher tax rates if the government actually used the money to pay off our debt, not to fund more programs. But more taxation = more programs. Fuck that.2001400ex said:
https://www.google.com/url?sa=t&source=web&rct=j&url=https://web.stanford.edu/class/polisci120a/immigration/Federal%20Tax%20Brackets.pdf&ved=0CB4QFjABahUKEwjateCSvcfIAhVL8WMKHfC5COI&usg=AFQjCNF05GexdLM_Abs5G3Fpkh_gXY-isg&sig2=XrSmv5reVBI5IJUeCsZUAgdnc said:
link?2001400ex said:
That's easy to say when tax rates are 91% of income over $400k, the 75% bracket started at $100k, and $0-4k was 20%.GrundleStiltzkin said:
Look at 1960. Pretty crazy actually. Those rates were raised in the mid 50s trying to pay off the war bonds from WW2. -
Here's the thing, even when Reagan reduced rates, the top bracket was 71% and reducing tax rates benefits the economy. But going from 39.6% to 35% on income over $400k is not beneficial to helping the economy. Especially when some types is passive income are capped at 20%.dnc said:
Pretty crazy indeed. I'd be content with higher tax rates if the government actually used the money to pay off our debt, not to fund more programs. But more taxation = more programs. Fuck that.2001400ex said:
https://www.google.com/url?sa=t&source=web&rct=j&url=https://web.stanford.edu/class/polisci120a/immigration/Federal%20Tax%20Brackets.pdf&ved=0CB4QFjABahUKEwjateCSvcfIAhVL8WMKHfC5COI&usg=AFQjCNF05GexdLM_Abs5G3Fpkh_gXY-isg&sig2=XrSmv5reVBI5IJUeCsZUAgdnc said:
link?2001400ex said:
That's easy to say when tax rates are 91% of income over $400k, the 75% bracket started at $100k, and $0-4k was 20%.GrundleStiltzkin said:
Look at 1960. Pretty crazy actually. Those rates were raised in the mid 50s trying to pay off the war bonds from WW2.
I also agree on not raising taxes to add programs. At some point we need to raise taxes and cut expenses to pay down our debt. Same with what we did in the 90s, it will need to coincide with a hot economy too.
