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Old 03-18-2011, 12:45 PM
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K_Dub K_Dub is offline
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Join Date: Jul 2008
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Re: This could explain a lot

Quote:
Originally Posted by radarwhiz View Post
I suppose you would like to states to charge higher sales tax to the wealthy when they go to the grociery store or buy a car or gas because that would be "empathetic" to the "less fortunate". This is the LAND OF OPPORTUNITY where you're free to live your dream, work hard and earn as much money as you can and if you're successful enough we'll take it from you and hand it out to those who aren't. Can anyone say SOCIALISM?
I like Ike. In 1958-1959 the nation entered a steep recession. All too aware of what can and did happen only 30 years earlier, Ike had to do something. He imposed a 91% capital gains tax on the highest bracket earners. The economy stabilized, the GDP soared and the average American family enjoyed a 20% increase in annual income.

Don't call Ike a commie though, his ghost will come kick your butt.

This time around, when the economy tanked we gave Billions to that same demographic, hoping they'd somehow overcome the greed that brought down the system and invest in the working class out of the goodness of their hearts. How's that working out so far?

Also, anyone who claims to believe in a free market, but also thinks that tax laws should guide the economy needs a perspective check.
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