Legion Troll
A fine upstanding poster
Don't quit you day job.....you ain't that funny....
I see you got a social promotion in elementary English.
Poor BLABO.
Don't quit you day job.....you ain't that funny....
Not true at all. In fact he attacked Hillary for her role in the run up to the invasion of and immoral war in Iraq which was responsible for creating the power vacuum and subsequent anarchy that has permitted the rise of paramilitary terrorist like ISIS.Not able to watch but reading Twitter comments on the way to Warriors game. Said when asked about Paris attacks Bernie basically pivoted to climate change and said it was a bigger threat than terrorism then went to income inequality. Is that accurate?
If so it just reinforces why Bernie isn't prepared to be CIC.
They only offer that shit to Corporations and inbred hillbilly trailer park rednecks like you. So get off the tit and go get a job. I'm tired of supporting you and your ilk lazy ass with my tax dollars.How much more free stuff did they promise the idiots???
Well no shit but it wasn't like you have a bunch of tax loopholes to lower your rate. It was "Use it or lose it" which was the whole idea of a tax rate that ridiculously high. It forced the ubber wealthy to invest that income or lose it to taxation and thus would prevent them from sitting on large amounts of capital and taking money out of circulation within the economy and thus damaging economic growth. It also prevented to much wealth from accumulating into to few hands which would prevent an oligarchy from arising, which is the singular greatest threat to our democratic republic. You only have to look around you to see what is currently happening within our economy and society to see the truth of that.They didn't actually pay the 91% rate. It just so happens that the tax code was set to charge that rate in theory. In practice, no one was ever going to pay such an outrageous rate.
Well no shit but it wasn't like you have a bunch of tax loopholes to lower your rate. It was "Use it or lose it" which was the whole idea of a tax rate that ridiculously high. It forced the ubber wealthy to invest that income or lose it to taxation and thus would prevent them from sitting on large amounts of capital and taking money out of circulation within the economy and thus damaging economic growth. It also prevented to much wealth from accumulating into to few hands which would prevent an oligarchy from arising, which is the singular greatest threat to our democratic republic. You only have to look around you to see what is currently happening within our economy and society to see the truth of that.
You're rationalizing and you don't understand the differences between now and then. As Damo just pointed out the tax rates are graduated. You pay a rate only for that portion earned above a specific level. You also had different tax loopholes. If you invested that income it wasn't taxed at the highest marginal rate. Only the profits from the investment were if they exceeded the graduated rate. If you just sat on the money, yup, Uncle Sam would take it and guess what? You didn't have the problems with income inequality or the threat of oligarchy which our nation faces today. It also assured one of the greatest eras of economic growth in the nation because of the notion of "Use it or lose it" and there's a lot to be said for that sort of graduated progressive taxation. It prevents both recession and an aristocracy of money (i.e. oligarchy) from arising.The bigger issue is Sanders thinking it would work today because he thinks it worked in the 1950's. Totally different economic world we live in today it's not even comparable.
They were the best in my opinion. I wouldn't expect you to like them. You gotta a problem with the tax comment, take it up with Politifact.
Our ruling
Sanders said income tax rates under Eisenhower were as high as 90 percent. A look through the records shows that top earners in the eight years of Eisenhower’s presidency paid a top income tax rate of 91 percent. It was even a bit higher before he took office.
We rate Sanders’ statement True.
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http://www.politifact.com/truth-o-m...-tax-rates-were-90-percent-under-eisenhower-/
what sanders said would be true if income tax rates were the definition of socialism.......
So Politifact is wrong and you and 3D are right?
taxes were higher
you know back when we had the BEST SCHOOLS IN THE WORLD
I repeated the third grade
its no big deal
They only offer that shit to Corporations and inbred hillbilly trailer park rednecks like you.
??....Damo already did, why do you need it done twice?......do you STILL not get it?......Can you prove it?
I'll understand if you can't.
I repeated the third grade
its no big deal
Damo posted a link to a tax advice blog from 2006 with 2006 information.
I guess you'll explain how that's relevant to the discussion of Eisenhower-era taxation.
Or not.
They didn't?