Politics

Out of context: Reply #30411

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  • lowimpakt2

    History of Tax Rates: 1913 – 2019

    an anyone tell at which point through all the decades when the top rate of tax was above 70% (1935-1980) was the US a ultra left-wing socialist state?

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    • High taxation isn’t inherently socialist, what you spend it is. Based on the years indicated I would guess they were buying lots of tanks and missiles.Gnash
    • some of you act like temporarily embarrassed millionaires. stop complaining about a high marginal tax rate on the rich, it won't affect you!dorf
    • Mostly recovering from WW2robotron3k
    • Exactly to this graph. Taxing the rich didn't affect them at ALL and wouldn't today. With the correct budgeting process a shit ton of problems could be solvedcolin_s
    • They weren't, they had wars to pay for. Currently AOC is saying lets raise taxes for the hell of it. A better idea would be to figure out where all the money iszarkonite
    • going since the budget is $3.8trillion. I mean how the fuck can you not afford everything you want for that kind of money??zarkonite
    • if you can choose to use tax to fight wars you can choose to use tax to look after your citizens health and economic security.lowimpakt
    • not to mention that nobody actually paid those taxes with loopholes everywhere. And tax burden was split more even. Today 10% of people pays 90% of the taxes.Boz
    • they need to kill all loopholes, set a flat tax for EVERYONE and you'll see how quickly when you have to give your own money people change their minds.Boz
    • it's easy to be all righteous and moral when you are giving away other people's money.Boz
    • this argument is 80 years old and nobody ever won it.Fax_Benson
    • A flat tax rate is definitely the fairest solution.zarkonite
    • until it isn'tFax_Benson
    • discretionary spending of the budget is over 50% on the military so uh we could start therecolin_s
    • The rich paying the majority of taxes is exactly the result you would expect in a world where the rich have almost all the money.yuekit
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