Ray From Cleveland
Diamond Member
- Aug 16, 2015
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That is failed rhetoric. The time of the greatest economic, and employment boom in our history was under the Eisenhower administration when the tax rate was 91%. Now, I'm not suggesting that we need to go back to that, however, historically, every time the tax rate has been lowered, income inequality has risen, unemployment has increased, and federal revenue has decreased.Except: Reaganist tax rates and loopholes, the New BS GOP propaganda Service, W, pure mindless obstruction. FDR made us a modern country, and we're sticking with it lol.Since 1933 we've been hearing the same broken record from the Progressives.
Nothing changes.
Nope... we were made a modern country by people like Andrew Carnegie and J.P. Morgan. What you're "sticking with" is the failed early 20th century policy of FDR that has never worked to provide this "living wage" you're always chasing. Your speeches are almost verbatim to what he said 82 years ago... through which, you've had the lion's share of control in Washington.
Tax rates NEED to be lowered. There is absolutely NO reason any American should be paying more than 20% in Federal income taxes. Corporate taxes should be lowered to near zero. The average 2,000 Federal regulations being passed by Congress each session need to be rolled back, rescinded, repealed and removed from around the necks of free market capitalists so the economy can roar again.
Or let's look at modern examples:
Kansas, did exactly what you insist is absolutely brilliant for the economy. Lowered taxes for the rich, repealed all taxes on more than 100,000 businesses, privatized Medicaid, cut $200 million from education, eliminated 4 government agencies, and 2,000 government employees. And how much did that boost Kansas' economy? Welllll...they suffered a $688 MILLION loss in revenue, are sitting on a $700 million deficit, and had a pathetic 1.1% job growth, the lowest in the nation.
Then there's that "libtard Utopia" California. When Schwarzenegger left office, he left California with a crippling $34 BILLION - That's Billion with a "B" - deficit. Since Jerry Brown came into office, He raised taxes on the rich - several times - has invested in clean energy, education, raised the minimum wage, and California now has a $4.2 Billion budget surplus.
Now, one of the two economic models - "Trickle Down", or raise taxes, and invest in the working class - works, and one doesn't. Hmmm...I wonder which one works...
Yes, that worked out so well:
http://www.bizjournals.com/dallas/b...a-lost-9-000-business-hqs-and-expansions.html
$15 Minimum Wage Sends California Businesses Fleeing
Why Are California's Businesses Disappearing?