80% tax rate Means prosperity

[r-in]

Quote from jueco2005:

Sorry my friend. Look for the numbers yourself. Most people have fish memory, only a couple of decades back.

No, no I don't have to as I know you are full of shit. You made the assertion that it was true, you prove your statement! You can't and you know it.
A simple answer is reducing the size of government, starting with Congress and presidential staffs. That alone could fund any number of social programs. My desire would be that we weed out the scum in those same social programs that are making money off the programs, and for the most part they are dirt bags supported by both parties.

 

[d08]

Quote from jueco2005:

I never said high tax rate on the rich were necessary for prosperity to occur.

That's exactly what you said. It's right there in the topic for crying out loud - "80% tax rate Means prosperity".

 

[jueco2005]

Quote from d08:

That's exactly what you said. It's right there in the topic for crying out loud - "80% tax rate Means prosperity".

Yeah I am aware that's what it says, I wrote it you know. I think such a high tax rate on top rich makes things better off for the kind of system we now have and helps to create economic prosperity even for the top rich.

If it was a bad and horrible thing to capitalism how come we thrived 40, almost 50 years???

 

[jueco2005]

Quote from Bob111:

which wars? name them.. WW2? tell this to russians..any russian..try that while in Russia...
go back to a history class,before you open your mouth next time. stop humiliating yourself on public.

From a military stand point the war was already won by the soviets when Americans landed on June 6 1944 at Omaha beach.

Its not military history that worries me. Thank God we are still the No 1 in that area.

Thanks for the advice. Not needed by the way.

 

[jueco2005]

Quote from GTS:

As already pointed out, this is a false statement

This is of course a whole different discussion and not what you said in your first post. In order to have a meaningful discussion you need to define "TOP RICH".

Regardless of how you define it I think you will discover that the tax rates on the middle class is much more important in overall gov't tax revenue then the tax rate on the rich.

There simply aren't that many rich people....unless you are defining top rich unconventionally.

Ah I see. I need to write the WHOLE thing so it can be of your liking.

I dont agree with the assertions made in the last 2 paragraphs.

 

[r-in]

Quote from jueco2005:

Yeah I am aware that's what it says, I wrote it you know. I think such a high tax rate on top rich makes things better off for the kind of system we now have and helps to create economic prosperity even for the top rich.

If it was a bad and horrible thing to capitalism how come we thrived 40, almost 50 years???

Again you make the assertion, but you provide no proof. C'mon I realize this is the internet, and throwing out bs is standard, but you are so full of shit you need to be tossed.

 

[jueco2005]

Quote from r-in:

No, no I don't have to as I know you are full of shit. You made the assertion that it was true, you prove your statement! You can't and you know it.
A simple answer is reducing the size of government, starting with Congress and presidential staffs. That alone could fund any number of social programs. My desire would be that we weed out the scum in those same social programs that are making money off the programs, and for the most part they are dirt bags supported by both parties.

As part of my morals I regard anyone intolerant and disrespectful to be unworthy of my attention and unable to hold a smart and intelligent conversation.

Thanks for taking your time to read my post.

 

[d08]

Quote from jueco2005:

Yeah I am aware that's what it says, I wrote it you know. I think such a high tax rate on top rich makes things better off for the kind of system we now have and helps to create economic prosperity even for the top rich.

If it was a bad and horrible thing to capitalism how come we thrived 40, almost 50 years???

If you can read, read my first comment. I explained it clearly.

 

[jueco2005]

Quote from d08:

If you can read, read my first comment. I explained it clearly.

And I agree with you. Those points you well mentioned also helped the US to flourish.

I keep my posture that high tax rates on the top rich were a major contributor to the economic, political and military advances from 1940 to 1980.

 

[Appleseed]

Quote from jueco2005:

Thanks for your advice. I am aware of all these historical facts. However, this is not the point of my discussion. I believe high tax rates made a lot of things accomplishable. That is way many countries still use them today, especially successful European economies.

Thank you anyways.

A high tax rate means that you are incapable of managing
the money you have earned and the geniuses in Washington
are all Warren Buffets.
Your view of past history tells me much about your limited
knowledge of history and economics
cheers
john