Euroconservativ
Member
- Dec 5, 2011
- 385
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Nixon could never the get the nomination in today's GOP. You guys would dub him a RINO and run him out of the party.
Reagan too.
And McCain and Romney too
oh wait...
As governor, Reagan raised tax rates multiple times. That is definitely not mainstream Republican today.
And he cut the top federal income tax rate from 70% in 1981 to 28%; which is the root of all evil, according to modern liberals.
Under Reagan, the threshold for paying the top rate went from $200K to $30K (then Bush raised it again). In Germany, right now, the income tax rate for a person earning €50K or more (or a married couple earning €100K) is only 3 points lower than the rate for a person who earns millions: 42% and 45%. German socialists propose (and conservatives reject it) a tax hike to 48% not only on the super wealthy but on anyone earning €100K or more, because that's truly big revenue. The infamous french 75% on millionaires (France has a decent amount of them) has only raised 300 million/year in additional revenue, but demagoguery always attracts voters.
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