1) Again... you can say you are taxing them at 28 or 39 or 74%... it doesn't matter if the deductions and loopholes allow them to get their effective tax rates to 17-20%. Which the current tax code does. The drop from 28% Cap gains tax to 20% was the largest giveaway to the rich.
What do you not understand about the same deductions being higher taxes with a base rate of 38% than 28%? Why do you think EVERY Republican (maybe one exception) voted against his budget? If the taxes are the same, why so opposed?
2) No, it was the cap gains tax cut that provided the extra revenue in part. Not the tax increase that did little to change the effective tax rate.
So, why don't you say what the effective rate was for the 1% in the years before and after the tax increase? You clearly have those numbers at hand since you just made that claim, right? The cap gains tax was LOWERED.
3) I said the growth in the economy began in 1982. It did. Reagan had growth rates in excess of 3% every year after that. That positive GDP growth continued into the Bush years (until the short recession) and into the Clinton years. Because you are not capable of comprehending what you read, you alter my comments to something they are not. I did not say the rate of growth went up every year for Reagan... it didn't. Neither did it for Clinton. But every year since 1982 until Reagan left office, we had positive GDP growth. That is a GROWING economy. If you don't understand economics, just say so and quit wasting my time. [/quote]
You're the one wasting my time. Click the button Look at the growth rate before 1981, and the growth rate after 1981. Which is higher? Know what happened to all that missing growth? Look at the skyrocketing wealth of the top few.
http://ablog.typepad.com/.a/6a00e554717cc988330147e220e3c3970b-pi
4) AGAIN... the totals added to the debt are what I stated. You are conflating deficit with debt. Learn what words mean before using them.
You're an idiot. I used the words correctly, you can't understand the words and so you post this garbage.
No wonder you couldn't answer a simple question that included the deficit and the debt.