You know, in my dealings with Democrats, I've found that there are really two different sets of them. The first ones are your usual blend of left of center folks, who, when asked about their points of view, can explain them and you get an understand on how they came to their beliefs. Then there's this guy:
When Eisenhower was President the top income tax rate was 91%. But you had to have already made a LOT of money before you hit that rate. (Eisenhower, by the way, supported that 91% top tax rate.)
That 91% tax rate is what got us out of the depression, and helped create a middle class (with the help of strong labor unions). It payed (emphasis mine) for fighting World War II and the GI Bill, and helped build our highway system, education system and other infrastructure that is in place today (albeit crumbling now from maintenance deferral resulting from tax cuts.) We did all that without borrowing, and the rich still got richer.
Think about this: If tax rates at the top were 91% today, hedge fund managers would STILL be bringing in over $300 million EACH YEAR - but the rest of us would be able to get health care, fix the roads, good schools, and the other benefits that were the reason we - yes, we - enabled this economic system in the first place.
And think about this. If that top rate is 91% it reduces the incentive for corporate CEOs to bribe politicians to put policies in place that funnel all the wealth up to the top.
Who is our economy FOR, anyway?
First off, please use spell checker. It makes you look much more intelligent.
Secondly, I guess the mess that has been created by the subprime market is now the fault of the rich? For example, tell me why should a hedge fund manager, who had NOTHING to do with the current mess, see his taxes increase almost 200% for your benefit?
Why don't you want to include yourself in this massive tax increase?
Our economy is designed to benefit the hard working, the innovative, and the risk takers. It is NOT designed for the lazy, the whiners, or those who feel a sense of entitlement.
If you want all these things, then do one of two things, either donate more money to the IRS to get these things done, or run for office and fix the issues you want. Either way, advocating the increase in taxes upon certain groups of people reeks of "the lazy, the whiners, or those who feel a sense of entitlement."
Would you advocate the increase of taxes against people who were black, gay, Democrat, or left handed people? Of course not, so singling out people because they make more then you isn't fair to them and it isn't American, it's socialist.
And it's so short sighted it's not even beginning to be funny. So if someone makes say 10 million a year, then has a bad year and makes "only" 50,000, do you still tax them at 91%? How about a little long term thinking from Democrats for once please?
Travis
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