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Message Subject In the 1950's & 1960's the top tax rate was 70-92% so what is repubs malfunction?
Poster Handle Anonymous Coward
Post Content
Because those kind of rates are immoral.
No one should have to pay more than half their income in taxes.
Just because those were the rates back then doesn't make it a good thing.
 Quoting: Anonymous Coward 955328


This is true. The problem stems from the fact that goods and services cost are based with the highest corporate income tax figured into the equation, which is then paid by the consumer. Then through the miracle of lobbies and special interest tax legislation this money is not turned over to the treasury but kept by large corporations. They are beating us (i.e. U.S.A.) out of it. Never mind the tax dollar impact and it's extent, it's morally wrong, especially since the average American gets no such consideration.
 
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