By using this site, you agree to our Privacy Policy and our Terms of Use. Close
TheRealMafoo said:
theprof00 said:
mafoo, like i said, if you read it, which i doubt due to your answer; Lowering taxes for the rich is not always the best solution, there comes a time when it just simply doesn't balance out well.

 

I agree, but I don't think we have gotten there. I think the republicans lowered it to about the lowest they felt safe lowering it too. Around 35%.

The lowest taxes have been in history when we had a democratic supermajority, was 70% with Carter. We had 91% in 1965.

That's way too high. I think in 4 years if Obama is in office, it will be above 70% again.

I think where taxes are now is a good level. Doubling it (and anyone who believes in History will tell you it will be  doubled) is a very bad idea.

No way, Obama would never raise it above 40%.  And many of the taxes he would be raising are not even income taxes, such as the estate tax and some of the capital gains and dividend taxes.  He would just repeal most of the Bush tax cuts.

 



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson