Flanneryaug said:
A. They also make more income per year than I do in my lifetime. Also, the top 1% makes 40% of the income, but only pays 30% of the taxes. B. No one is saying that there should be no rich people, but their tax rate is too low. In the Clinton administration when the tax rate was higher, many more millionares were added than when the rate was lower. C. Actually, most jobs are created by small buisinesses. Also, a CEO doesn't hire less people if they have a lower personal income. If you want to debate the corporate tax rate thats fine, but the individual tax rate has nothing to do with it. |
B) You mean when we were in the height of the real estate bubble that led to the GFC?
C) Small buisnesses are taxed the same as wealthy individuals. When you raise taxes on one, you raise taxes on both.
There really weren't many outright lies.
http://www.mercurynews.com/ci_21696057/fact-check-presidential-debate-missteps?source=most_viewed








