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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 01-06-2019, 05:00 PM   #31
Nebe
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Originally Posted by Jim in CT View Post
i have said
many times that we need expanded healthcare. i don’t have a clue how to pay for it. or to operate it. no clue.
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I’m not surprised.
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Old 01-06-2019, 05:13 PM   #32
Pete F.
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Historically growth in gdp since 1930 has been 4% higher when we had the highest tax brackets, but I’m not claiming high taxes cause economic growth. But it does spike the canon that high taxes reduce growth
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Old 01-06-2019, 05:25 PM   #33
detbuch
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Historically growth in gdp since 1930 has been 4% higher when we had the highest tax brackets, but I’m not claiming high taxes cause economic growth. But it does spike the canon that high taxes reduce growth
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The highest tax brackets for most of that era had so many loopholes that those rich folks usually paid much less in taxes than they do now. In many cases, those rich folks paid close to zero in taxes due to the loopholes.
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Old 01-06-2019, 07:36 PM   #34
Jim in CT
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Historically growth in gdp since 1930 has been 4% higher when we had the highest tax brackets, but I’m not claiming high taxes cause economic growth. But it does spike the canon that high taxes reduce growth
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Detbuch is right, what matters is the rates people effectively paid, not the gross rate before loopholes.
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Old 01-07-2019, 06:56 AM   #35
Pete F.
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The highest tax brackets for most of that era had so many loopholes that those rich folks usually paid much less in taxes than they do now. In many cases, those rich folks paid close to zero in taxes due to the loopholes.
More of that slick con artist verbiage from you.
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Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!

Niles: You have met “people”, haven’t you?

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Old 01-07-2019, 10:59 AM   #36
detbuch
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More of that slick con artist verbiage from you.
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If the truth is slick con artist, I accept.
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