Republicans are full of shit
- Thread starter Rationalist
- Start date
Canceled.2014.1
New member
New word?
Totally. And, like, maybe if SF could put a little flesh on the bare bones issues and explain why he thinks JFK's positions on those issues are sufficiently divergent from the present Democratic Party to disqualify him from nomination, I'd have responded with substance.
Canceled.2014.1
New member
I suppose a response with substance would be good too.
Personally, I like the expansion of the english language.
Cancel 2016.11
Darla
reduced top marginal rate from 91% to 70%
reduced corporate tax rate from 52% to 48%
phased-in acceleration of corporate estimated tax payments (through 1970)
created minimum standard deduction of $300 + $100/exemption (total $1,000 max)
This is what JFK's tax cuts did - they were pushed through and signed by LBJ shortly after JFK's death. I always find it funny when cons claim that these tax cuts make JFK too conservative for today's Democrats. First of all, LB Fucking J wanted them and signed them. You do know who he is right? Do you want to claim that LBJ is too conservative for today's Democrats? At around the same time he signed these, he announced the War on Poverty.
Secondly, cons like to pretend that because a President, during a recession, lowered the top marginal rate from NINETY percent to 71, that he would want to lower the modern day tax rates which are at their lowest in history. That's just laughable horseshit and I think they know it.
reduced corporate tax rate from 52% to 48%
phased-in acceleration of corporate estimated tax payments (through 1970)
created minimum standard deduction of $300 + $100/exemption (total $1,000 max)
This is what JFK's tax cuts did - they were pushed through and signed by LBJ shortly after JFK's death. I always find it funny when cons claim that these tax cuts make JFK too conservative for today's Democrats. First of all, LB Fucking J wanted them and signed them. You do know who he is right? Do you want to claim that LBJ is too conservative for today's Democrats? At around the same time he signed these, he announced the War on Poverty.
Secondly, cons like to pretend that because a President, during a recession, lowered the top marginal rate from NINETY percent to 71, that he would want to lower the modern day tax rates which are at their lowest in history. That's just laughable horseshit and I think they know it.
Cancel 2016.2
The Almighty
Coming from the same person that refuses to put any meat on the bones of his responses... Hilariousest
Cancel 2016.2
The Almighty
1) Nowhere did I state that he would cut them to modern levels
2) Nowhere did I state that the tax cuts were the sole reason he would not get past the Dem primary today
That is just laughable horseshit and I think you know it.
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Darla
It's not that they are not the sole reason, it's that they are not a reason at all. We don't even have information indicating JFK would in any way be as conservative as Obama on tax cuts. We have no information indicating he would have ever, ever, went along with the first extension of the Bush tax cuts.
Rationalist
Hail Voltaire
Besides that, a 91% tax rate is a far cry from the current 35%. I don't think anyone would be opposed to cutting the rate from 91% to 70% if it were that high today. But it is not, and so-called "job creators" often pay less than 20% of their income to the Federal government - much less than you or I.
Cancel 2016.2
The Almighty
LOL... funny, yet liberals are so very sure that Reagan could not possibly be elected by Reps today... yet they too have no way of knowing what Reagan would do today.
Kennedy was a supply sider. Not a Keynesian. That alone would get him kicked out of a Dem primary fight. He believed in private sector leadership for growth vs. the current dem mantra of ever increased government spending. He was also a proponent of free trade. Something today's left would go bonkers over.
Cancel 2016.2
The Almighty
LOL... if your effective tax rate is above 20% then you need a new accountant or software.
I would be curious... who do you think creates jobs if not those in the private sector?
Fair enough. Let's start with how schools are actually funded. They are primarily funded through local property taxes on a municipal/county/district basis. Rich municipalities/counties/districts have lots of money and pretty good schools. Poor ones don't. You basically want to throw this out the window and bring multiple districts with different tax bases, rates and incomes and put them under the umbrella of a single district. Conversely, in densely populated urban areas you are switching from a single district covering lots of people to multiple districts. NYC schools would be broken up into about 12 separate school districts while the entire state of Delaware will be a single school district as opposed to the 20+ they have now.
Rich people will fight like hell to prevent it. That there is enough to prevent your vision from ever coming to a reality. Second, what's the tax rate? Who sets it? How is that person put in charge? It seems that you want a congressional district level government in addition to municipal level government. That doesn't make a hell of a lot of sense to me given where things stand today.
Reagan raised taxes. Standing alone, that's enough to disqualify him in today's Republican party.
Edit: Can you like, cite to something in support of the idea that JFK was a "supply sider" or that he was such a huge proponent of free trade that today's Democratic party wouldn't have him. Also, too, NAFTA.
Cancel 2016.11
Darla
Well his raising taxes would disqualify him today, but you can't claim that cutting taxes would disqualify a Dem because; Obama.
JFK wasn't a supply-sider.
Airstrip One
Completely Effed
A cut from 91% to 70% is WAY more dramatic than a cut from 39.5% to 34%.
To say otherwise is a huge lie. Politics dictates small steps, whether it's the early 60's or 2012.
To say otherwise is a huge lie. Politics dictates small steps, whether it's the early 60's or 2012.
canceled.2021.1
#AMERICAISDEAD
Bullshit. No way your effective tax rate is above 20%
canceled.2021.1
#AMERICAISDEAD
Since left wingers say they love compromise, let's make a deal. They say the Clinton years just rocked ass and how great it would be if we could just go back to those tax rates.
But why stop there? Let's go back to his last budget. You know, the one you claimed was balanced.
So in exchange for Clinton tax rates we get Clinton budget, every nickel of it. Deal?
Anyone?
But why stop there? Let's go back to his last budget. You know, the one you claimed was balanced.
So in exchange for Clinton tax rates we get Clinton budget, every nickel of it. Deal?
Anyone?
blackascoal
The Force is With Me
Question: What was the income tax rate for our richest citizens during arguably America's most prosperous period for the working class (1942-1962)?
Answer: Between 88 and 91%
The Bush Tax cuts have been in effect for over 11 years now.
Where is the benefit to the America?
Answer: Between 88 and 91%
The Bush Tax cuts have been in effect for over 11 years now.
Where is the benefit to the America?
canceled.2021.1
#AMERICAISDEAD
You are asking the wrong question based on a flawed premise and through a myopic lens. I can understand though. Your leftist, Marxist biases prevent you from doing otherwise.
The question isn't what was the top marginal rate. Te question should be what was the effective rate.
Secondly you are trying to focus on just one tax when you should really look at overall tax burden; federal, state and local. It is crystal clear to any rational thinking person that even with the lower marginal rate, the overall tax burden today is much greater. But, if you feel that you just aren't payin enough then you know what to do. Forgo your deductions an business expends and voluntarily pay more into the kitty. An don't hide behind the "I just follow the law" bullshit. You already proved that contrary to your rhetoric, your employee is nothing more than slave labor so you can reap more profit. Capitalism for thee but not me right puddin?
How do you manage to go through life so ignorant?