willbeurdaddy
Posts: 11894
Joined: 4/8/2006 Status: offline
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quote:
ORIGINAL: erieangel quote:
Another thought, why is raising taxes to pay down debt such an evil idea? That's what every other responsible generation has done when for whatever reason we've incurred high debt. When did not paying our debts become anything but anti-American? I have often wondered the same thing. I've come to a conclusion that many of the uber wealthy who argue the need for lower taxes simply don't care about this country or about their fellow man and the not-so-wealthy who buy into the claptrap are simply robotic in nature. When Ike raised taxes to 93% it didn't cause companies to close their doors, it didn't even cause a single wealthy family to lose their assets. What happened was the country entered into a boom-era of manufacturing Total bullshit. There were 3 long recessions during the Eisenhower administrations 8 years, Eisenhower never increased tax rates, and the marginal rate wasnt 93%. If you cant even get simple facts straight, its no wonder you cant actually form a reasoned opinion about the subject. It took Kennedy's tax cuts to get us out of a prolonged period of 2.5% GDP growth.
< Message edited by willbeurdaddy -- 9/5/2011 10:42:05 PM >
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Hear the lark and harken to the barking of the dogfox, gone to ground.
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