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How could a president love a country that he wants to fundamentally change?
11-18-2012, 01:13 PM
Post: #11
 
Ike taxed the wealthy at 90%.
Reagan taxed them at 50%.
Obama taxes them at 35%.

After the New Deal and the war, the Democrat-dominated 50s, 60s, and 70s were the most prosperous time for the middle class in our history. We had strong unions, no deficit to speak of, strong upward mobility, low unemployment, and very high taxes on the wealthy. Ike created thousands of new jobs building our National Highway System with *cash*. We had trade policies that stopped our jobs from going overseas. Wages were high enough men could support their families and get ahead while wives stayed home with the kids. We had high taxes on the rich and low unemployment with plenty of good jobs. We had Social Security, Medicare, food stamps and welfare. We had paid down our WWII debt. We had strong infrastructure.

Now look at us now after Republicans have controlled the White House for 20 of the last 30 years.

See the difference? If Democrats were bad for the economy, the 50s, 60s and 70s would have been times of very high unemployment. But they weren't. High unemployment and a crashed economy is what we’re seeing now with the Republican plan of low taxes for the rich, and low regulation on business.

Americans want to see higher wealth taxes
http://story.birminghamstar.com/index.ph...lth-taxes/

Poll: Most Americans say tax the rich to balance the budget
http://www.examiner.com/populist-in-nati...the-budget

It’s the Inequality, Stupid
http://motherjones.com/politics/2011/02/...hart-graph

The Top Ten Percent Income Share, 1917-2008 (note The Great Depression versus now)
http://rs.resalliance.org/2010/09/22/ine...-politics/

Among developed countries, the United States currently accepts the highest level of income inequality. (It's important to know that no other advanced economy has seen a comparable surge in inequality.)
http://csis.org/blog/us-tolerance-income-inequality
See also: http://www.slate.com/id/2266174/slidesho...y/2266213/

Lower and Middle Class Does Better Under Democratic Presidents than Republican Presidents
http://www.slate.com/id/2266025/entry/2266030
See also: http://www.slate.com/id/2266174/slidesho...y/2266218/

Why the rich should pay more taxes
http://www.zompist.com/richtax.htm

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Messages In This Thread
[] - Addison - 11-18-2012, 01:13 PM
[] - MoodyRed - 11-18-2012, 01:13 PM
[] - marxistobama - 11-18-2012, 01:13 PM
[] - Greg W - 11-18-2012, 01:13 PM
[] - Ms. Einstein - 11-18-2012, 01:13 PM
[] - JOBS - 11-18-2012, 01:13 PM
[] - Ghostlight - 11-18-2012, 01:13 PM
[] - Sayagain - 11-18-2012, 01:13 PM
[] - Wake Up - 11-18-2012, 01:13 PM
[] - iris054 - 11-18-2012 01:13 PM
[] - The MobFather - 11-18-2012, 01:13 PM
[] - Ken - 11-18-2012, 01:13 PM
[] - Jeff - 11-18-2012, 01:13 PM
[] - Optimumsententia - 11-18-2012, 01:13 PM
[] - honestamerican - 11-18-2012, 01:13 PM
[] - Smite Monkey - 11-18-2012, 01:13 PM
[] - Sfancik - 11-18-2012, 01:13 PM

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