How dare anyone raise taxes on our precious billionaires in any year. Don’t you understand that they are genetically and culturally superior to all other humans? Because money?
Fun Fact: The John Birch Society thought that President Eisenhower was "a traitor, a dedicated, conscious agent of the Soviet Union and of the whole Communist conspiracy.”
Now the orange faced buffoon has found a new tax dodge….turn his golf courses into private cemeteries. No taxes there. That’s she’s buried at his golf course in New Jersey….his place is now tax exempt.
When I graduated from high school in 1962, my husband and I bought a three bedroom, two bath house and two decent cars within the next few years, on what he was making on a job he got right out of high school. Most of the guys I graduated with did the same. I didn’t work, few women did, and those who did usually chose to do so. Now, it isn’t really a choice for most women, unless they don’t mind living in poverty. When I decided to become a teacher, my first quarter’s tuition at Southern Illinois University was $79, and we rented any books we needed for $20. Anyone could go to college with just a part time job to pay for it, and without piling up a lifetime of debt. Since that time, the GNP has skyrocketed and the American worker is acknowledged to be the most productive in the world. But, most of the value they are producing is going to the top 1%. who use that money to buy politicians who make laws that insure that they keep making most of the money, which they can use to buy more politicians, who will write more laws so they can make more money to buy more politicians and etc etc etc.The Middle Class standard of living is declining, and a college graduate hasn’t anywhere near as easy a time as we had with just high school. We produce the highest quality goods on earth, and we can’t afford to buy them. A young person told me a while back that I couldn’t really understand why their generation was so angry. What I actually don’t understand is why they aren’t rioting in the streets.
Actually, the effective tax rate under Eisenhower was something like 44%. Still higher than later levels, but the virtue of the punishing upper brackets was that there was little incentive to go there. It has been plausibly argued that the tax rate in Eisenhower’s day was what effectively kept a lid on health care costs. If a doctor charged the kinds of fees that are common nowadays (for specialists, anyhow) and would only be able to keep 7¢ on the dollar, while impoverishing his patients (in those pre-health-care insurance days), it was a strong incentive to keep things reasonable.
Sadly, if the reagnites, much less the Trumpsters stay in office it will happen. It has before in the 60s. The “it” (reagan) was president of the Screen Actors Guild from 1947 until 1952. He spent most of his time secretly ferreting out “communists.”
salakfarm Premium Member over 2 years ago
Those who fail to learn the lessons of history… again and again.
Broacher over 2 years ago
Those who fail to teach again and again, are history.
Pickled Pete over 2 years ago
The less you tax the rich, the more they have to contribute to your re-election campaign… Just their way of saying — SUCKERS!!
Decepticomic over 2 years ago
How dare anyone raise taxes on our precious billionaires in any year. Don’t you understand that they are genetically and culturally superior to all other humans? Because money?
Eat the rich, capitalism sucks, etc.
mfrasca over 2 years ago
Fun Fact: The John Birch Society thought that President Eisenhower was "a traitor, a dedicated, conscious agent of the Soviet Union and of the whole Communist conspiracy.”
Olddog1 over 2 years ago
That economic expansion under Clinton was also known as the dot com bubble. Began collapsing in March 2000.
Vet Premium Member over 2 years ago
Now the orange faced buffoon has found a new tax dodge….turn his golf courses into private cemeteries. No taxes there. That’s she’s buried at his golf course in New Jersey….his place is now tax exempt.
Masterskrain over 2 years ago
I wonder how many of the delusional trumplickers on here will agree with all of the “Facts” displayed in the “Report”????
Diane Lee Premium Member over 2 years ago
Wlly Blly over 2 years ago
My lord, it’s even more true today.
AndrewSihler over 2 years ago
Actually, the effective tax rate under Eisenhower was something like 44%. Still higher than later levels, but the virtue of the punishing upper brackets was that there was little incentive to go there. It has been plausibly argued that the tax rate in Eisenhower’s day was what effectively kept a lid on health care costs. If a doctor charged the kinds of fees that are common nowadays (for specialists, anyhow) and would only be able to keep 7¢ on the dollar, while impoverishing his patients (in those pre-health-care insurance days), it was a strong incentive to keep things reasonable.
wostraub over 2 years ago
Under Recommendation, you left out “body cavity searches, deep and hard.”
Night-Gaunt49[Bozo is Boffo] over 2 years ago
One mistake it is the Fatherland not Motherland.
banjoAhhh! over 2 years ago
Sadly, if the reagnites, much less the Trumpsters stay in office it will happen. It has before in the 60s. The “it” (reagan) was president of the Screen Actors Guild from 1947 until 1952. He spent most of his time secretly ferreting out “communists.”
randolini Premium Member over 2 years ago
As I recall, Bill “I got a BJ” Clinton supported NAFTA and sent our good paying jobs over seas.