80% tax rate Means prosperity

Discussion in 'Economics' started by jueco2005, Jan 11, 2012.

  1. I also do not believe they intended for you to count as a voter unless you had property. They also favored all kinds of discrimination or left it to state legislation. Slavery was allowed. I could make a long list of issues they allowed and you wouldn’t agree living like that.

    One thing I always keep in mind from the founding fathers is that they provided us with a way of government to keep America in the making, evolving and adapting to new adversities and opportunities. THEY KNEW they were just the beginners. Founders just provide for the foundation, I guess you want to keep building on top of that foundation right??
     
    #131     Jan 13, 2012
  2. GTS

    GTS

    Agreed that they were smart enough to realize that things would change and they needed to provide flexibility but that doesn't negate the fact that some core principles that this country was founded upon are being trampled. Not all changes are good especially when the politicians are making the changes for the wrong reasons.
     
    #132     Jan 13, 2012
  3. Congress is NOT free to do whatever they want. They are answerable to their constituents who put them in office. And you would be hard pressed to find a majority of Americans who would endorse an 80% tax rate. You're on another planet, my friend, and you certainly don't understand how this country works or the principles it was founded upon.
     
    #133     Jan 13, 2012
  4. GTS

    GTS

    Unfortunately a majority of Americans would probably be ok with an 80% marginal tax rate on the so-called super-rich ... raising taxes on someone else seems to be acceptable.
     
    #134     Jan 13, 2012
  5. I dont speak latin. Im talking about a debt bubble, as in, total aggregrate debt. Federal + rest ( housing creditcards, stock margin etc). This happened in 1920's huge debt bubble. For this exists data.

    But your really just saying anecdote. How do you prove tax evasion? By definition it's secret. For this exist no data.

    Only thing fact u use is regulations went up, for which exist data.
     
    #135     Jan 13, 2012
  6. the democrat did highered taxes.
     
    #136     Jan 13, 2012
  7. GTS

    GTS

    This is for you: http://www.rong-chang.com/ (English as a Second Language)
     
    #137     Jan 13, 2012
  8. jueco2005, your information is a flat out lie. It's amazing people like you believe bullshit facts just to convince themselves of something for your stubborn and ignorant bias.

    It really goes to show you, professors aren't lying when certain market segments are bad for free market competition because consumers are stupid, ignorant, pretentious and claim themselves to be an expert when they're not.
     
    #138     Jan 13, 2012
  9. Bob111

    Bob111

    sure thing...for government and all "public servants"..happening now already..just read the article,where teachers are retiring with 170K pensions,guaranteed by gvt(read-us).. same for police and firefigthers. i don't have to go too far..one cop is living large right across us..700K house,2 harleys,2 MBs..nice..while private sector struggling for years..
     
    #139     Jan 13, 2012
  10. :confused:
     
    #140     Jan 13, 2012