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Thread: the top tax rate from 1940-1970 was 80% or above

  1. #11
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    Calypso Jones's Avatar Senior Member
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    And let me correct you. America did not win WWII with taxes. We won it because the fight was right, Americans were patriotic...even hollywood, and Americans did as much as a civilian population could do on the home front to support our military overseas.

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    Chris's Avatar tPF Moderator
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    Facts are facts, matters, but to go from what is to what ought to be requires justification.

    You ask "Now how can the right claim raising the top tax bracket will ruin this country when history proves their ideas are historically false?" That assumes raising taxes on the rich won't harm the country. How do you justify that as opposed to a counter assumption?

    Your argument is based on historicism, belief the past repeats itself. But the political and economic environment is different, the past never repeats itself. So your argument lacks justification for your assumed conclusion.

    ποταμοῖσι τοῖσιν αὐτοῖσιν ἐμϐαίνουσιν, ἕτερα καὶ ἕτερα ὕδατα ἐπιρρεῖ. (Ever-newer waters flow on those who step into the same rivers.)
    ~Heraclitus of Ephesus

  3. The Following User Says Thank You to Chris For This Useful Post:

    KC (11-10-2012)

  4. #13
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    Quote Originally Posted by Calypso Jones View Post
    And let me correct you. America did not win WWII with taxes. We won it because the fight was right, Americans were patriotic...even hollywood, and Americans did as much as a civilian population could do on the home front to support our military overseas.
    Not to mention our Soviet friends did most of the grunt work.


  5. #14
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    without the taxes we could NOT have built the machinery we were SO GOOD at that helped save the world.

    Yes Rosie the riveter did help win the war.

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    Quote Originally Posted by truthmatters View Post
    http://visualizingeconomics.com/blog...ates-1916-2010



    those were good economic years and we won a big war with them
    this is the real history and will never be rewritten for the sake of the tax cut religion

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    JFK cut taxes and increased tax revenue.

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    yes its a tool we can use to effect things.

    can you tell us what he reduced the top tax rate to?

  9. #18
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    http://www.ntu.org/tax-basics/histor...ividual-1.html


    guess what you were wrong top tax bracket under kennedy was 90%

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    http://en.wikipedia.org/wiki/John_F._Kennedy


    John Fitzgerald "Jack" Kennedy pronunciation (help·info) (May 29, 1917 – November 22, 1963),

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