Posted on 04/01/2013 5:53:13 AM PDT by Accessible Pudding
"We have gotten to the point that the discussion of taxes is just a joke," Stein scoffs. In his lifetime he's watched the top tax rate fall from 90% (when he was a kid) to 70% (when he was writing speeches for Nixon) to a situation where no one actually pays the listed tax rate — but the government still shuts down over the prospect of a 3% or 4% hike for the wealthy.
(Excerpt) Read more at finance.yahoo.com ...
This is a silly argument because NO ONE ever paid the 90% rate. There were so many loopholes and deductions that it was just dumb.
Is it?
What happened to Ben Stein ?!? He is floating a 90% tax?
Forget raising taxes. How about less gov. and more responsibility. We need to take the darn credit card away and put THEM on a budget. No more vacations and AF1!
I think it’s way past due for them to learn THEY work for US, we do not work for them.
Ben Stein is an idiot. He has evolved into a liberal. Sickening.
Amen!
Amen!
Amen!
How about raising taxes on the freeloading deadbeats that make up the base of the democrat party??!!
Shouldn’t chronic welfare cheats have some “skin in the game”?
I don’t agree that taxing “the rich” is a solution.
But if we’re going to, let’s do it right...
Let’s start actually taxing wealth rather than income. We can start with trust funds and university endowments, followed shortly by Hollywood mansions.
Start with an idea which will actually help America:
Bring back US jobs.
Now.
Wow. He actually said about Obama, “I don’t have a problem with him on most issues.”
Stein seems to have slept through the 80s and 90s where rates were low and revenues were increased. The base was broadened, the tax system was cleaner, and the economy soared. I guess he was too busy making movies like Ferris Bueller to be following current events.
He also must have slept through the past four years where rates went up on the rich in Obamacare, businesses have billions in new mandates and higher health care costs, and then rates went up on January 1 2013.
ah for the good old days
Wonder what tax rate was paid by Stein’s wealthy family?
90% perhaps?
Too bad about Stein. He made a little sense on that film clip.
Decrease welfare entitlements AND lower minimum wages AND lower working age by a year. This would incentivize work, create more entry level jobs and families would have multiple potential earners.
He's a hack actor for TV commercials and is a self-styled "economist" and self-promoter.
He's always advocated aggressive taxation on the wealthy in his writings, TV panel shows and speeches. He's nutty like a fox, erratic, endorsing Al Franken in the Minnesota senatorial race.....endorsing Ralph Nader for president......and making political TV commercials advocating three Casinos for southern Florida.
Too bad they don't make Clear Eyes drops for the brain.
Leni
I would like to know why the federal or state or local government needs to know if someone is “rich”. The whole idea of income based taxation is a horrible intrusion into a person’s life.
Taxation should be on consumption. Then everyone has skin in the game and one class is not trying to get another class to foot the bill because it is “fair”.
You want to REALLY raise taxes on the wealthy? Eliminate the tax deductibility of municipal bonds, and eliminate the 501(c)(3) tax-exempt status of phony “charitable foundations” that the wealthy set up.
Forget raising taxes. How about less gov. and more responsibility.
There is no voluntary solution to this. It’s too late. They will continue to kick the can much like a guy flying an airplane on fumes and over mountains. It would be irresponsible to simply crash, so he’ll do everything creative he can think of to stay up as long as possible with the hope that some magical airstrip will appear ahead.
And he’ll do that because it’s all he’s got. It’s all we got. As they kick the can, more and more people will realized what’s going on. Eventually it will hit critical mass and that is when we may fact the one hour meltdown, if it even goes down that way.
Google “one hour meltdown”.
They will continue to kick the can much like a guy flying an airplane on fumes and over mountains. It would be irresponsible to simply crash, so he’ll do everything creative he can think of to stay up as long as possible with the hope that some magical airstrip will appear ahead.
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