Who won the debate? Romney or Obama?

[richardhutnik]

Kantor said:

mrstickball said:

Mr Khan said:

Some of the best times for America economically were the post World War II era, when top marginal rates were 90%

If the people see society as underfunded and unable to function, while the rich just get richer and richer, things are going to happen.

We also didn't have the EPA, and a million government regulations to deal with. We also had a sound currency, and a much more competitive corporate tax rate.

Give our economy those things, and a higher tax rate wouldn't matter.

Not to mention economic and cultural domination of practically the entire world.

It does help when your country has the world's manufacturing base, because most of the rest blew up, due to war.  It is interesting that doring the 1960s, Playboy magazine ran an article on how you could do away with personal income tax by shifting how youy taxed, including getting rid of tax exempt status for churches.