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| 11 Jul 2012 01:25 PM |
Yeah tahts right, 90% Income Taxes for the rich FTW!
2% Unemployment was around back then BTW.
You think it's socialism? NO, NOT EVEN MCCARTHY CALLED IT SOCIALISM!
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pepper0
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| 11 Jul 2012 01:36 PM |
Don't even give me that Reagan stuff, anyone educated knows he did a bigger tax increase then the AHC had done, and if you though the AHC tax increase was MASSIVE you can thank regean for beating the "Massiveness" of the AHC tax increase. Notice it was also during the 1980's Recession
Graph at
ht tp://w ww.washing tonpost.com/blo gs/ezra-klein/file s/2012/07/Obamaca re-tax-chart.jpg
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pepper0
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| 11 Jul 2012 01:40 PM |
*faceplant* Thats the argument every idiot makes.
What reagan did was made taxes fair and low.
He LOWED those to the rich and INCREASE for the poor so then the tax rate would be at a flat rate of 20%
THus, our economy boomed until the Bush tax cuts. |
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| 11 Jul 2012 01:45 PM |
Also, To end that stupid myth that increasing taxes hurt Economic Growth, this Chart
ht tp://3.bp.bl ogspot.co m/-nvGc s37up7E/T4 TsHGEVjLI/AA AAAAAAjeM/qAp74W e2mYk/s1600/64plu.j pg |
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pepper0
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| 11 Jul 2012 01:56 PM |
LOL, are you that deaf to reality?
Any nation that has had Low Taxes and less government regulation has had a booming economy, because the people know how to spend their money better than the government can. |
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| 11 Jul 2012 01:58 PM |
I am not "deaf" to reality, I have shown charts to back up my points twice, All you have supplied is conjecture with no evidence that is not anecdotal.
you have not cited anything but the republican God. |
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pepper0
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| 11 Jul 2012 02:07 PM |
nhUOpNve1bY
YmqoCHR14n8
OLD6VChcWCE
MRpEV2tmYz4
I have double of the amount of evidence you have. Not only that, mine is form the greatest economic minds of the modern age. |
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pepper0
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pepper0
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| 11 Jul 2012 02:18 PM |
| Personally I rather charts then a libertarian using circular logic. |
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pepper0
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| 11 Jul 2012 02:23 PM |
| Young man, I am using reality, not fairytales. |
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droid329
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| 11 Jul 2012 02:46 PM |
I agree with fox,
Real facts > Biased people who do what their rich friends/owners tell them to do
[~DR9~]-Teh Epic One Hail/Droid |
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| 11 Jul 2012 02:49 PM |
| Rich people would move away, nothing solved. |
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pepper0
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| 11 Jul 2012 03:04 PM |
| So droid, you just contradicted yourself. fox is using pure assumed idiocy, when I am the only one that presented the facts. |
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| 12 Jul 2012 06:51 AM |
| Pepper you have not shown a single chart, just videos of people supporting a position with circular logic. |
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pepper0
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| 12 Jul 2012 08:28 AM |
| Charts show nothing, especially when people are always moving in and out of them all the time. |
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| 12 Jul 2012 01:06 PM |
| I'm going to be reviewing both of your "evidence" and see who I agree with. |
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pepper0
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| 12 Jul 2012 01:23 PM |
The real prime of the United States was within the 1980s - the turn of the century 2000
Reagan my have created a huge deficit, but he set the stage for it to be paid off. With these low and flat tax rates, the government would earn more revenue. 10 years later, we ended up with a SURPLUS in money, something unprecedented in American history. We where very close to eliminating the deficit AND the debt. But then Bush came along in 2000 and introduced his tax cuts that ruined everything. |
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pepper0
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| 12 Jul 2012 01:31 PM |
What Fox is confused about is what a Flat tax is.
he is thinking that everyone pays the same AMOUNT
but really a flat tax is when the people pay at the same RATE
If a person earns 1$ and pays 20% in taxes, and another person earns 10$ and pays 20% in taxes, they still keep 80% of what they make, but the richer person still pays more.
Therefore, people have the chance to work harder, so then they earn more because they know that they get to keep more of what they make. |
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Avogadro
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| 12 Jul 2012 02:18 PM |
Doesn't anyone know what a marginal tax rate is anymore?
The marginal tax rate may have been 90%, but it doesn't include various deductions that existed at the time that would have made the effective tax rate far lower. Rich people were not paying 90% of their income in taxes. |
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| 12 Jul 2012 03:33 PM |
"OLD6VChcWCE" "OLD" , "tea party"
that explains some stuff |
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| 12 Jul 2012 03:37 PM |
Reminder:
Posting an off-site link is violation of the community guidelines.
Please read this article: http://www.roblox.com/Help/Builderman.aspx?id=221897 |
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