To: conservativebuckeye
He claimed that the greatest economic growth in our nation's history occurred when taxes on the wealthy were highest. This is true. But it is not true that it happened when "tax rates" were the highest.
34 posted on
06/29/2011 9:41:53 PM PDT by
oldbrowser
(Breitbart for a Pulitzer Prize)
To: oldbrowser
It also ignores a plethora of other factors that constitute a greater economic picture.
36 posted on
06/29/2011 9:44:14 PM PDT by
JDW11235
(I think I got it now!)
To: oldbrowser
It is true that tax rates were the highest in our history. However, back in those days there were tax shelters all over the place. The rates were high, but nobody actually paid them. The rich barely paid any taxes. Reagan ended this in the 80’s. Liberals have this fantasy that rates can buy something. Only actual money collected can. Something tells me that the super rich want to go back to those days, and that is why the super rich support the Democrats. That way they can fund the liberals campaigns in exchange for what ever tax shelters they want. The liberals than tell their dummie base how they are socking it to the rich. In the mean time, us in the middle will be hammered with higher taxes and higher prices.
39 posted on
06/29/2011 10:04:23 PM PDT by
gusty
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson