Users Online Now:
GLP Poker Rooms
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
In the 1950's & 1960's the top tax rate was 70-92% so what is repubs malfunction?
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Christofurio 3438228:MV8xNTYzMzM5XzI3Njg3MDA4XzgyNzE4QTYx] Begin at the beginning: were the rich actually paying 70% or more during that period, or were they availing themselves of various loopholes and paying a good deal less? My guess (subject to correction) would be that they probably weren't actually paying much more than they are now. This matters because the general 'point' is that good things happened at time X, and Y was true through the time X, so Y must be the cause of the good things in X. That is either valid for EVERY pertinent Y, given the EXACT Y involved, or it is not valid at all. Thus, as to taxes, every loophole that existed for the avoidance of taxes by the wealthy during the period in question must be scrupulously preserved or restored in order for us to get back to the wonderful postulated good old days. For the loopholes are all part of the Y, right? We want the good old days "back," right? And there are other candidate Ys that had nothing to do with the tax system. Those were the years of the Bretton Woods accords, after all, which lasted from 1944 until 1971. These accords created a gold standard with regard to international financing. So maybe it was the gold that was behind all those good things! (Indeed, personally I take this quite seriously, although I acknowledge that just daydreaming about good old days would not make up an argument for it.) The 1950s and 1960s were also a period when neither the US nor the UN recognized the People's Republic of China. In both contexts, only the government in Taipai was China. So ... withdraw recognition from Beijing! and go back to spelling it Peking! You want those good things "back," right? But ... look at the list of "good things" again. The US "defeated Communism" in the 1950s and 1960s? Assuming that the word "Communism" in that sentence refers to the bloc of nations led by the old Soviet Union: didn't its "defeat" come after the reduction of the highest marginal taxes? In the late '80s and early '90s? What the US did in the 1950s and 1960s was "contain" Communism. By, for example, making a point of committing to the defense of Quemoy and Matsu, the forward posts of the regime in Taipai that we continued to recognize as the only legitimate China. So why should this lead us to the conclusion that we should replicate the tax system of the period without also replicating its diplomacy? Rescind the recognition of Beijing! (Or, recognize reality and don't do that -- but drop silly arguments.) The US created the interstate system during the period. Yes: but should we pay no attention now to the possibility that that is one of the causes of subsequent troubles? After all, it made the rapid consumption of gasoline a lot more easy and a lot more tempting. That in time became a geostrategic imperative: we have to keep importing the crude oil that makes that possible in ever-increasing quantaties. In the good old days, the best way to get to California was to take route 66. It made for a nice TV show but unwieldy travel. You want those good old days back? Tear up the interstates! Or keep the interstates and look beyond lame arguments about how we have to do things just like we did back in the good old days. Arguments like the paradigm of lame at the top of this thread. [/quote]
In the 1950's & 1960's the top tax rate was 70-92%
USA laid the interstate system, built the Internet, put a man on the moon, defeated Communism, their education system was the envy of world, their middle class thriving, their economy was unparalleled. You want that back? Raise the fucking taxes on the rich!
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Here’s A List Of Obama Admin Officials Who Used Alternate E-Mails To Conduct Government Business
Not only is #ICANN a threat to our 1st Amend it's a Threat to our National Security Contact your Senator (202) 224-3121
THIS WILL OPEN YOUR EYES ABOUT HILLARYCLINTON & BILL A DANGER TO THE WORLD NOT JUST AMERICA
Calls for FBI Director Comey to resign over total sham of investigation
Coming soon: A new way for Russia's authorities to invade your privacy
George Soros Pushing For US Online Voting System
Was This Prominent Black Leader Murdered Because He Spoke Out Against Geoge Soros’ Black Lives Matter?
Arizona Parents Beware: Court Says Changing Diapers Equals Sexual Molestation
“They Tried to Warn Us”: 1981 TV Show Nailed Globalist Push to Break Down Borders for a One World Government
The October Surprise Will be a Violent Provocation Blamed on Trump
“Trump Will Go 26th”: Is This Eerie Radio Transmission Part of Plot to Assassinate Trump at the First Debate?
Video: Charlotte Riots – What They’re NOT Telling You
WikiLeaks Bombshell: Hillary’s Brain Injury Caused By ‘Near Fatal Plane Crash’
Germany makes having sex with prostitutes without condom illegal
Drilling at Unfathomable Alien Landscapes
Survival: How to make a soldering iron out of a lighter
If you’re a guy, having older brothers makes you more likely to be gay
Obama’s “Palestinian Land” According to U.S. And U.N. Policy and the Oslo agreements, not Palestinian land at all.
BlackLivesMatter Co-Founder DEMANDS To Be Granted COP FREE Black Communities
US Govt Just Legalized Operation Mockingbird — FBI Can Now Impersonate the Media
Shocking new study shows chemo kills half of cancer patients, not cancer itself
Unilever megacorporation rushing to buy out small organic companies
CLAIM: Historic event to occur in the next six days that will end the rise of Trump and seize the future of America for totalitarian globalists
Cyber Attacks on Satellites Could Spark Global Catastrophe
BBC Begins Experiments With Holographic Television.
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd. Godlike™
Website Design Copyright © 1999 - 2015 Godlikeproductions.com
Page generated in 0.005s (5 queries)