Synthaholic
Diamond Member
The whole bunch of them are liars.
Fact-checking the third round of GOP debates
Just a taste of the lies that fall so easily from Republican lips:
“The socialist [Sen. Bernie Sanders] says they’re going to pay for everything and give you everything for free, except they don’t say they’re going to raise it through taxes to 90 percent to do it.”
— Gov. Chris Christie (R-N.J.)
This is false, though it has increasingly emerged as a GOP talking point. Sanders, an independent from Vermont who is seeking the Democratic presidential nomination, has not yet released a tax plan, but has repeatedly denied that he would increase taxes from the current marginal rate of 39.6 percent to 90 percent. (The margin rate is what you pay on each additional dollar earned.)
The United States had a marginal tax rate of 90 percent in the Dwight Eisenhower administration, and then John F. Kennedy proposed to reduce it to 70 percent. (The tax cut was passed after his assassination.) But even such rates would not take 90 percent of a person’s income.
Fact-checking the third round of GOP debates
Just a taste of the lies that fall so easily from Republican lips:
“The socialist [Sen. Bernie Sanders] says they’re going to pay for everything and give you everything for free, except they don’t say they’re going to raise it through taxes to 90 percent to do it.”
— Gov. Chris Christie (R-N.J.)
This is false, though it has increasingly emerged as a GOP talking point. Sanders, an independent from Vermont who is seeking the Democratic presidential nomination, has not yet released a tax plan, but has repeatedly denied that he would increase taxes from the current marginal rate of 39.6 percent to 90 percent. (The margin rate is what you pay on each additional dollar earned.)
The United States had a marginal tax rate of 90 percent in the Dwight Eisenhower administration, and then John F. Kennedy proposed to reduce it to 70 percent. (The tax cut was passed after his assassination.) But even such rates would not take 90 percent of a person’s income.