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- #41
As opposed to cutting taxes and spending? That’s what you think is the better idea? How ridiculous. Also, the reason why revenue as a percentage of GDP remained consistent is because of the loopholes and deductions that the wealthy have always taken advantage of. There is such a thing as an effective tax rate and an official tax rate. The official tax rate is essentially irrelevant in this day an age. Of course, either way, in the 50’s the effective tax rate was HIGHER than it is now and that was a time of great economic growth. Those are the facts.Let me start off by saying that I don’t think Bernie’s tax plan to pay for his programs is sound. I do think his programs can be paid for by both new revenue and cutting our bloated defense budget, but that’s a topic for another time.
What I find so petty is republicans nitpicking these policies while blatantly supporting tax cuts and new spending. Trump is set to explode the debt and deficit because of his spending and tax cuts but repubs pretend like children that won’t happen.
Tell me: how exactly is Trump’a useless wall going to be paid for? How are we paying for the THOUSANDS of migrant kids being detained here indefinitely on the tax payer’s dime? It is impossible to take republicans seriously.
You are crazy. The French tried the 'tax the rich' plan, and the result was a mass exodus of the wealthy, and their tax revenue, from the country.
Venezuela tried the 'tax the rich' plan, and it has the poor eating their pets.
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You see this? Absolute, undeniable, concrete proof that jacking up taxes on the rich, did not result in higher tax revenues in the past.
Your system has never worked. Never. There is nothing "nitpicking" about pointing out that your entire ideology in all human history, has never worked.