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

  1. #21
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    Quote Originally Posted by Peter1469 View Post
    JFK cut taxes and increased tax revenue.


    will you alter your statement due to the facts?

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    why is in cons never never never admitt when they are wrong?

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    Quote Originally Posted by truthmatters View Post

    Please refrain from disrupting the thread with continuous nonsensical posts


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    That is a post of the chart numbers during kennedy.


    The poster was wrong when he said the kennedy taxes were cut from 90%

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    why did you think it needed to be called senseless?

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    I will note that the poster I proved wrong refuses to admitt he was wrong

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    JFK cut the top marginal tax rates from 90% to 70% and increased tax revenue by 62%.

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    Quote Originally Posted by Peter1469 View Post
    JFK cut the top marginal tax rates from 90% to 70% and increased tax revenue by 62%.
    Yes, but there's a point when cutting taxes no longer increases revenue. Look at those numbers. If we lowered them to, let's say, 10%, tax revenue would decrease by a tenfold.
    Sorry--but I do not accept the idea that being intolerant of intolerance is THE SAME THING as being intolerant of anything else.

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    Quote Originally Posted by Kizzume View Post
    Yes, but there's a point when cutting taxes no longer increases revenue. Look at those numbers. If we lowered them to, let's say, 10%, tax revenue would decrease by a tenfold.
    Both I and Art Laffer agree.

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    Quote Originally Posted by truthmatters View Post
    That is a post of the chart numbers during kennedy.


    The poster was wrong when he said the kennedy taxes were cut from 90%
    Quote Originally Posted by truthmatters View Post
    why did you think it needed to be called senseless?
    Quote Originally Posted by truthmatters View Post
    I will note that the poster I proved wrong refuses to admitt he was wrong
    Do you think anyone knows what you're babbling about let alone who you're babbling to? Try using the [Reply with Quote] button.

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