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

  1. #31

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    Peter1469's Avatar tPF Moderator
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    Chris, save your breath.

  2. #32
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    truthmatters's Avatar Senior Member
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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%.

    documentation please?


    He died before they were implimented?

    make clear your claim.

    He was DEAD when they were lowered.


    can you go get the legislation that shows he was the one who generated the bill to cut those taxes?


    Now why wont you comment on the meat of the thread which is that some of out most prosperous years were with top tax rates at the 80% level.


    raising it a little bit will NOT cause disaster as the right claims.

    History shows NOTHING to support such crazy talk.

  3. #33

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    Quote Originally Posted by truthmatters View Post
    documentation please?


    He died before they were implimented?

    make clear your claim.

    He was DEAD when they were lowered.


    can you go get the legislation that shows he was the one who generated the bill to cut those taxes?


    Now why wont you comment on the meat of the thread which is that some of out most prosperous years were with top tax rates at the 80% level.


    raising it a little bit will NOT cause disaster as the right claims.

    History shows NOTHING to support such crazy talk.
    If we had a strong economy, it could support tax increases. We do not have a strong economy. It is on the verge of a serious correction. You are focused on static accounting models like the CBO. They do it because it is the law in their case; why do you?

  4. #34

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    JFK is right in general; wrong with key specifics.

  5. #35
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    Quote Originally Posted by Peter1469 View Post
    If we had a strong economy, it could support tax increases. We do not have a strong economy. It is on the verge of a serious correction. You are focused on static accounting models like the CBO. They do it because it is the law in their case; why do you?
    You really believe truthy knows the difference or even the types/kind of accounting methods ??
    It's ok if you disagree with me. I can't force you to be right.

  6. #36

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    Quote Originally Posted by hanger4 View Post
    You really believe truthy knows the difference or even the types/kind of accounting methods ??
    Absolutely not. I think she has a solid bottom average IQ. 90 is generous.

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