59% support AOC's plan to raise top bracket to 70%

[ThatOwlWoman]

The rates may have been higher, but what was the effective rate? Do you know? Did the rich actually pay more taxes back then?

https://www.politifact.com/truth-o-m...-richest-paid/

[LV426]

The rates may have been higher, but what was the effective rate? Do you know? Did the rich actually pay more taxes back then?

Yes, they did pay more in taxes back then. Particularly corporate taxes.

US_Effective_Corporate_Tax_Rate_1947-2011_v2.jpg

[ThatOwlWoman]

It's only a matter of time before America will start to accept taxing religion as well.

the racist right for decades has convinced the American people that paying taxes is a bad thing.

An idea whose time is long overdue!

[countryboy]

https://www.politifact.com/truth-o-m...-richest-paid/

Sooo, you can't, or won't answer a couple of simple questions? I tried your link, but didn't even get through two sentences before it said I was an android winner, and wouldn't even let me back out of the screen.

[Phantasmal]

An idea whose time is long overdue!

Lol, Olsteen, what a snake oil peddler.

[LV426]

Sooo, you can't, or won't answer a couple of simple questions? I tried your link, but didn't even get through two sentences before it said I was an android winner, and wouldn't even let me back out of the screen.

So after losing the argument on marginal rates, you now shift the goalposts to talk effective rates.

Well, effective tax rates for corporations were much higher than they are now.

US_Effective_Corporate_Tax_Rate_1947-2011_v2.jpg

[cawacko]

Sooo, you can't, or won't answer a couple of simple questions? I tried your link, but didn't even get through two sentences before it said I was an android winner, and wouldn't even let me back out of the screen.

The irony here is very few, if any, actually paid that rate. At that time there were so many deductions plus just outright evasion.

[LV426]

Sooo, you can't, or won't answer a couple of simple questions? I tried your link, but didn't even get through two sentences before it said I was an android winner, and wouldn't even let me back out of the screen.

Also, the effective tax rate was higher in the 50's -when the top rate was 90%- than it is today...it was about 6% higher back then.

Average-Effective-Tax-Rate-on-the-Top-1-Percent-of-U.S.-Households.jpg

Effective Tax Rate 1950's: Approximately 42%
Effective Tax Rate 2014: Approximately 36%

So the effective rate was higher...unless numbers don't have value anymore because otherwise Conservatives can't make arguments.

[countryboy]

The irony here is very few, if any, actually paid that rate. At that time there were so many deductions plus just outright evasion.

That's exactly right, and why Owl won't answer the question.

[LV426]

The irony here is very few, if any, actually paid that rate. At that time there were so many deductions plus just outright evasion.

Name one single deduction from 1946-1981 that prevented any rich person from paying the top rate.

Just one.

I don't think you can do that.

You're just repeating bullshit you gleaned that confirms your bias, aren't you? You do that a lot, you know. It's kinda your habit.

So if no one paid the rate back then, what's the harm in raising it back to that rate today?

[LV426]

That's exactly right, and why Owl won't answer the question.

No.

You claim these deductions existed that prevented anyone from paying the top rate.

Name one.

Name one deduction that prevented a rich person from paying the top rate.

Just one.

[TTQ64]

Lol, Olsteen, what a snake oil peddler.

A snake oil peddler who doesn't pay a dime in taxes.

And they have their hands all up in our politics ………

start taxing these frauds...….and the NFL too.

[countryboy]

A snake oil peddler who doesn't pay a dime in taxes.

And they have their hands all up in our politics ………

start taxing these frauds...….and the NFL too.

What makes you believe Osteen doesn't pay taxes on his personal income?

[anatta]

Dems need to put a 70% top tax in their 2020 platform

[LV426]

Dems need to put a 70% top tax in their 2020 platform

They definitely do.

It has the support of 59% of Americans.

Nothing Trump or the GOP does or believes has 59% support.