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Originally Posted by _Richard_
did you watch the speech?
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Yes, but that was in response to something
Quote:
Originally Posted by PR_Tom
Clinton raised the upper tax bracket from owing 35% to 39% and the economy grew 20 million jobs. EVERY income level increased more under Clinton. And we know exactly what happened when that tax bracket was brought back down to 35%. Jobs in the shitter for 10 years. Job's are finally coming back now and the Ryan plan calls for lowering it from 35% to 25%! Redistribution of wealth 101! It's fiscal suicide. Not to mention that capital gains taxes are at a historic low already.
People seriously, put your thinking caps on. If the Bush tax cuts create jobs, where the HELL are they?? China? India? Mexico? Stop it with this false premise for fuck sakes. Tax cuts for the rich and corporations create precisely zero American jobs.
If a corp. gets a tax break and doesn't move to China, that creates exactly zero jobs. It simply prevents some from leaving, and why is that a victory anyway? A net loss of zero is a net gain of zero in this case. Just stop it with that nonsense non-argument.
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1925
The top tax rate is lowered to 25 percent - the lowest top rate in the eight decades since World War I.
1932
Top tax rate is raised from 25 to 63 percent.
1936
Top tax rate raised to 79 percent.
1945
The top tax rate is 91 percent. It will stay at least 88 percent until 1963, when it is lowered to 70 percent. During this time, America will experience the greatest economic boom it had ever known until that time.
Taxing the rich didn't help the great depression, it was ended by getting Americans back to work building for WWII when manufacturing shot up 50%
Dear Mister Obama, get the fucking clue, get people back to work and that includes the poor!
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that