The time to TAX THE POOR has come...

The nation was BOOMING BIG TIME!



Why?



The corps and wealthy were paying their fair share and our infrastructure was the best in the world
 
Quote Originally Posted by LV426 View Post

“It happened all over PM, Earl. We set a time, then he PM'd me to say he wasn't going to show up. Since then, I've ignored him because he and I both know that he was the one who didn't follow through.”


Earl posted:
If this is true, you are releasing PM information which is a violation of the TOS of JPP.



So, you are either a liar or in violation of the TOS of JPP., cobarde. Checkmate

Oh oh. LV hasnt been revealing the content of PM's has she? Well well well,....looks like she has. This is a serious rules violation and really needs to be reported.
 
https://americansfortaxfairness.org...-booklet/fact-sheet-taxing-wealthy-americans/


The richest 1% of Americans own 35% of the nation’s wealth.

The bottom 80% own just 11% of the nation’s wealth.


In the 1950s and 1960s, when the economy was booming, the wealthiest Americans paid a top income tax rate of 91%.

Today, the top rate is 43.4%.


The richest 1% pay an effective federal income tax rate of 24.7% in 2014; someone making an average of $75,000 is paying a 19.7% rate.


The average federal income tax rate of the richest 400 Americans was just 20 percent in 2009.


Taxing investment income at a much lower rate than salaries and wages are taxed loses $1.3 trillion over 10 years.


1,470 households reported income of more than $1 million in 2009 but paid zero federal income taxes on it.


CEOs of major corporations earn nearly 300 times more than an average worker.



30 percent of income inequality is due to unfair taxes and budget cuts to services and benefits.


The largest contributor to increasing income inequality has been changes in income from capital gains and dividends.

Let’s examine more of these facts
 
The richest 1% of Americans own 35% of the nation’s wealth.



1%

All the work every Republican worker (voter) does each day hours of that labor goes to these FEW people to use to get and stay very wealthy


While they watch the Republican Party starve the infrastructure

Republicans do nothing for you but try to figure out New ways to make you work for less and get the wealthy MORE TAX CUTS
 
The industrial revolution created the wealthy and n this nation
They got those huge piles of green paper by having 10 year olds carry buckets of melted glass for 10 hours a day and the like
That is what the Republican Party wants to go back to

tenor.gif

tenor.gif
 
When someone says tax the poor, he is showing how little understanding he has of the real problem. Or they are playing and trying to stir people up with sophistry.
 
When someone says tax the poor, he is showing how little understanding he has of the real problem. Or they are playing and trying to stir people up with sophistry.

This thread it the latter



I’m just using his stupid as a poster to paint the facts over
 
In the 1950s and 1960s, when the economy was booming, the wealthiest Americans paid a top income tax rate of 91%.






This one bares repeating


90% tax rate


Did the economy crash like the republicans always say higher taxes will cause?




Oooppps


IT RESULTED IN A BOOMING ECONOMY


AND AMAZING INFRASTURCTUTE


AND THE BEST SCHOOLS IN THE WORLD
 
Today, the top rate is 43.4%.



And few wealthy pay it

It’s less than half of the times we were kicking ass


Let’s kick ass again mmmkay
 
https://americansfortaxfairness.org...-booklet/fact-sheet-taxing-wealthy-americans/


The richest 1% of Americans own 35% of the nation’s wealth.

The bottom 80% own just 11% of the nation’s wealth.


In the 1950s and 1960s, when the economy was booming, the wealthiest Americans paid a top income tax rate of 91%.

Today, the top rate is 43.4%.


The richest 1% pay an effective federal income tax rate of 24.7% in 2014; someone making an average of $75,000 is paying a 19.7% rate.


The average federal income tax rate of the richest 400 Americans was just 20 percent in 2009.


Taxing investment income at a much lower rate than salaries and wages are taxed loses $1.3 trillion over 10 years.


1,470 households reported income of more than $1 million in 2009 but paid zero federal income taxes on it.


CEOs of major corporations earn nearly 300 times more than an average worker.



30 percent of income inequality is due to unfair taxes and budget cuts to services and benefits.


The largest contributor to increasing income inequality has been changes in income from capital gains and dividends.




Now where were we?
 
In the 1950s and 1960s, when the economy was booming, the wealthiest Americans paid a top income tax rate of 91%.






This one bares repeating


90% tax rate


Did the economy crash like the republicans always say higher taxes will cause?




Oooppps


IT RESULTED IN A BOOMING ECONOMY


AND AMAZING INFRASTURCTUTE


AND THE BEST SCHOOLS IN THE WORLD

and u are a fucking liar...slut

Taxes on the Rich Were Not That Much Higher in the 1950s


There is a common misconception that high-income Americans are not paying much in taxes compared to what they used to. Proponents of this view often point to the 1950s, when the top federal income tax rate was 91 percent for most of the decade.[1] However, despite these high marginal rates, the top 1 percent of taxpayers in the 1950s only paid about 42 percent of their income in taxes. As a result, the tax burden on high-income households today is only slightly lower than what these households faced in the 1950s.



https://taxfoundation.org/taxes-on-the-rich-1950s-not-high/

debunked your lies..slut
 
The richest 1% pay an effective federal income tax rate of 24.7% in 2014; someone making an average of $75,000 is paying a 19.7% rate.



Gee who pays the 43%?



Not many
 
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