Users Online Now:
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:Anonymous Coward 7958210:MV8xNTYzMzM5XzMyMTI4NTQ0Xzc4MjRENkQz] [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] [/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 >>
These Are Some Of The 239 People On Board The Missing Malaysia Airlines Flight
Major Updates in Malaysia Airlines Mystery: New Information Could Change Everything
Christians ordered to teach Wiccan, pagan rites
U.N. ‘behind plan for overseers for all kids’
GOVERNMENT BANS CALLING TERRORISTS ‘JIHADIS’
Connecticut police refuse to enforce new gun laws
Mercury Rising: Which Fish Should You Avoid? (Infographic)
Common Core Architect Now Dumbing Down SAT
Nixon, Rockefeller, IG Farben, and global control
"It’s made out of people!" Making meat from celebrity tissue samples
Secret Federal Reserve Location Revealed
Florida Bill Would Put ‘Bullies’ In Jail For A Year
Police had to be called when a 22-pound Himalayan cat held a Portland, Ore., family hostage inside of their bathroom.
A Blood Test Tells You If You’re Going to Die in the Next 5 Years (Video)
Proposed Reduction in DHS’s FY 2015 Budget Not Flying
How to Grow Vegetables All Year Long (Even in Winter!)
HOW STATES AND SCHOOL DISTRICTS CAN OPT OUT OF COMMON CORE
20 Facts About The Great U.S. Retail Apocalypse That Will Blow Your Mind
Proof: They Don’t Have to Use Harmful Artificial Color Dyes
Radar Playback of the Moment Malaysia Flight 370 Vanished!
MIT researchers propose gas stations in space
University Staff Forced to Address Their “Heterosexual Privilege”
Abby Martin To "Piss Moran": MSM Filled Corporate Shills Who Continuously "War Monger & Fear Monger!"
Economist Warns of Collapse Risk: “Will Not Allow Life to Continue As We Know It”
This HD Video From Space Is Going To Change The World
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd.
Website Design Copyright © 1999 - 2014 Godlikeproductions.com
Page generated in 0.007s (5 queries)