Agreed on the loopholes.BDKJMU wrote: ↑Sun Mar 17, 2024 10:53 amWith loopholes large enough to drive a fleet of trucks through that NO ONE came remotely close to paying..kalm wrote: ↑Sun Mar 17, 2024 9:58 am
I was waiting for this reply, Ganny.
It doesn’t say “due”.
But it does show that despite a 91% top marginal rate, huge growth was still achieved.
(I’m sure these economists never considered that impact either )
And even back that when we were still able to have rich people.
Bidenflation and Shortage thread
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Re: Bidenflation and Shortage thread
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Re: Bidenflation and Shortage thread
...they aren't being gouged, buying off the poor is the cheapest way to keep them at bay and keep them from taking what you have. Much cheaper than armed security.UNI88 wrote: ↑Sun Mar 17, 2024 9:21 amHigh economic growth and low unemployment in the postwar period was due to the highest taxes on the rich ...kalm wrote: ↑Sun Mar 17, 2024 9:01 am Speaking of tax cuts and the Gipper…
https://www.cbsnews.com/news/tax-cuts-r ... ckle-down/
The rich should pay their fair share but they shouldn't be gouged to pay for every program and service a pseudo-progressive can dream of.
The best way to keep people passive and obedient is to strictly limit the spectrum of opinion but allow very lively debate within that spectrum - Noam Chomsky
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Re: Bidenflation and Shortage thread
Well, it looks like the Fed got it wrong again
They should be raising rates because they said the goal was 2% inflation…. Instead they stand pat and watch inflation raise its ugly head again
Why?
Joey Rottens election is why
They should be raising rates because they said the goal was 2% inflation…. Instead they stand pat and watch inflation raise its ugly head again
Why?
Joey Rottens election is why