And yes, it also means a 91% tax rate on the top earners.
Inb4 Socialism
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Anonymous2010-09-05 16:55
I don't know what you mean because I have no idea about politics.
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Anonymous2010-09-06 18:24
>>2
It's good that you're posting on a politics board, then.
It's the only way we can "stick it to the man".
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Anonymous2010-09-12 12:43
You're wrong. It would return the top rate to 70%. The 91-4% rate was the top rate in the 40s, 50s and early 60s.
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Anonymous2010-09-13 6:00
That won't accomplish anything, top earners control the economy, their workers will get a tax break so they can just decrease the wages of their workers and pay themselves 10 times more. There's also the fact that less of the money we pay in tax makes it's way to the poor than money spent by rich people, even in wealthy countries with a heavy amount of welfare like Sweden.
What you need to do is cease all keynesian state interventionism so the plutocracy can no longer use the state to maintain their legal immunities, tax codes, anti-competitive regulations, arbitrary tariffs, subsidies and corporate welfare. Then educated upper-middle classes who only earn 6 figure incomes will be able to compete with corporate board members driving down their exorbitant paychecks.
The world is not as simple as evil corporations versus socialist worker's party.
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Anonymous2010-09-16 14:27
Restore Reagan.
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Anonymous2010-09-16 22:06
>>7
I'm afraid we do not yet have the technology. Or the Necronomicon.