Eternal Idol
Lono, "The Dog"
Originally posted by Flyattractor
[b]Yep. Typical Lefty Soci-tard-ism once again on Full Display. [/B]
That's historical tax data, dumb ****. Income tax rates at or above 70% on the wealthiest Americans were as American as apple pie, baseball, and racism in the 20th century.
In that time frame, there have been 11 Republican Presidents to the 8 Democratic Presidents, ~42 years of Republican Senate majorities to the ~64 years of Democratic Senate majorities, ~36 years of Republican House majorities to ~70 years of Democratic House majorities. It was over 70% during the First Red Scare (1919-1921) and the Second Red Scare in the 40s and 50s, and yet the income tax rate on the wealthiest Americans only ever went below 70%
1) during the post-WWI boom in the 20s, before the crash of 1929 and the subsequent Great Depression years, when Republican Presidents held office the entire decade (Harding, Coolidge, Hoover),
and
2) after 1980 when Reagan was President with a Republican Senate majority, and it never recovered.
But of course, you're a ****ing imbecile who's been trained to bark "Socialism!" at the merest suggestion of raising taxes to fund non-military government programs that would benefit you by your wealthy masters, so nevermind.
'tard on, Fly.