RINOS in 2012

Well, cutting taxes doesn't help job growth, and taxing the segment of population making over 250K ain't gonna make a differance since it didn't back in the 90's (incidentally, the longest period of sustained growth in the history of America). So, yes, why not?

Simply looking at economic growth rates and then comparing them to the tax rates at the time and concluding that tax rates of X equate to whatever the economy was doing is ridiculous and offers nothing in the way of a substantive argument.

Just back up a few more years from your example to the 1970s....we had a top marginal tax bracket of 70%, and the economy was terrible...so by your "logic", we can assume that higher taxes means a worse economy...right?
 
Werbung:
Simply looking at economic growth rates and then comparing them to the tax rates at the time and concluding that tax rates of X equate to whatever the economy was doing is ridiculous and offers nothing in the way of a substantive argument.

Just back up a few more years from your example to the 1970s....we had a top marginal tax bracket of 70%, and the economy was terrible...so by your "logic", we can assume that higher taxes means a worse economy...right?

You're right, of course. The left always makes sweeping generalizations to promote their political agendas. But in the end, the FACTS prove them wrong, and raw statistics don't lie.

Be prepared for PFOS to come in here, with his mispelled words and incomplete sentences, and slobber all over himself with denials and "yeah buts".
 
So when taxes were even higher in the 50's and 60's growth was robust, does that mean anything? Just like I said in my post, it makes no difference. (either way)
 
So when taxes were even higher in the 50's and 60's growth was robust, does that mean anything? Just like I said in my post, it makes no difference. (either way)

If it is your assertion that tax rates will not help the economy, why should I have to pay more?

Is it your assertion that higher taxes rates equate to greater revenue as well?
 
Werbung:
So when taxes were even higher in the 50's and 60's growth was robust, does that mean anything? Just like I said in my post, it makes no difference. (either way)

Why do you keep trying to ascribe the health of the economy to nothing but taxes? In the 50s and 60s, an absolute majority of world manufacturing was in the US. Competitors like japan and europe lay in ruins from WWII. India was still a socialist backwater, and china mired in marxism and its handmaiden poverty. US products went everywhere in the world. OPEC didn't rig oil prices. We succeeded in that very rare era which will never come again, INSPITE of the tax structure, not because of it.
 
Back
Top