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re: Trickle Down Economics Explained
Posted on 5/26/17 at 9:26 am to Loserman
Posted on 5/26/17 at 9:26 am to Loserman
quote:and its still lower than those "good ole days" of the 50's conservatives long for
This is true.
Since the upper 10% of wage earners pay 85% of all income taxes.
The upper 1% pays 56% of all income taxes.
Posted on 5/26/17 at 9:32 am to Machine
quote:
This is true. Since the upper 10% of wage earners pay 85% of all income taxes. The upper 1% pays 56% of all income taxes.
quote:
and its still lower than those "good ole days" of the 50's conservatives long for
Actually it isn't.
Sure if you look at the 1950s and see things like the upper 1% having a tax rate of 90% it looks like on the surface that you would be correct.
The problem is no one actually paid those rates.
The % that the rich paid then in actual receipts paid was lower than today.
Posted on 5/26/17 at 9:34 am to Machine
quote:
and its still lower than those "good ole days" of the 50's conservatives long for
do you really expect us to believe you have a job son?
here son these are the tax brackets in 1979 the year i graduated high school
married filing joint:
$0.00+ 0%
$1,700.00+ 14%
$2,750.00+ 16%
$3,800.00+ 18%
$5,950.00+ 21%
$8,000.00+ 24%
$10,100.00+ 28%
$12,300.00+ 32%
$14,950.00+ 37%
$17,600.00+ 43%
$22,900.00+ 49%
$30,000.00+ 54%
$42,800.00+ 59%
$54,700.00+ 64%
$81,200.00+ 68%
$107,700.00+ 70%
you have no concept of what paying taxes would look like.
do us all a favor and shut the phuck up.
left of center moderate! that's a good one comrade!
This post was edited on 5/26/17 at 9:35 am
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