Forum Post: Reagan's tax rates..........................
Posted 12 years ago on Dec. 3, 2011, 12:09 p.m. EST by gregrnel
(4)
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Hey guys, just wanted to say Reagan's top 4 tax rates were 50%, 49%, 45%, and 42%! Look it up, it's true. The rich have become little spoiled bitches under Jr. Let's go back to the Reagan era tax rates! Revenue for all!
The higher top marginal tax rate the better the economy. Absolutely true. That's why the Republicans are always spouting the opposite.
Reagan lowered taxes on the rich and raised taxes 11 times. His massive deficit spending tripled the national debt - Bush II only doubled it.
The result of higher taxes and massive deficit spending (which at the time was largely spent within the US) was increased tax revenue. So-called conservatives point to the tax cuts on the ruch as the "cause" of increased tax revenue while utterly ignoring the tax increases and deficit spending. This has been their mantra for decades, and look at where it got us.
Bump for Ronnie Reagan!
C'mon this is the real issue, take hold and run with it! Tell those bastards what they'd pay under Reagan! This is ammo, ammo, ammo! Use it!
Reagan is evil because all my left wing shows/blogs tell me so.
But full of deductions and dodges. With tax reform 1986, the top rate fell to 28%. Look it up. Guess who was president.
Kids, this is your golden nugget, rub these facts into these 1% faces. They love the Gipper and this is how the Gipper taxed the rich!
Ron Paul destroys the Reagan myth
http://www.youtube.com/watch?v=3bejkvS9Ol4
RonPaul on the Issues:
Total free market capitalism.
Free market health care.
Repeal Roe v. Wade.
Eliminate capital gains and estate taxes.
Eliminate the EPA.
Repeal ban on assault weapons.
Undermine UN arms control efforts.
Go to his website and read it for yourself.
add
End the Fed
Allow competing currencies
End the Wars
Bring all troops home
Closes all overseas bases
End all foreign aid
End torture
Eliminate the income tax
End the War on Drugs
Pardon non-violent offenders
Abolish IRS, Dept of Edu, TSA, DHS, FEMA, EPA, FDA, USDA, DOE, DOL, Social Security, Medicare, Medicaid.
Get out of the UN, NATO, NAFTA, CAFTA, WTO, GATT, IMF, World Bank
Repeal the Patriot Act
No National ID card
Yeah yeah yeah, from the 1950's on up for a good while, the tax rates on wealthy were 90%! However, very few paid 10%, if anything, as marginal tax rates mean jack shit nothing if you know the ropes of the tax code.
Constitution, 'no man/persons shall be subject to laws of which it should not be expected a reasonable man/persons to understand.'
This is why our federal government was never to have attorneys and cpa holding public office or writing legislation, acts, treaties or laws of any sort.
When the Incorporated Government deceptively slid in place and effectively abolished our first form of governance, along with it's Constitution, that particular amendment was vaporized.
How else could we all be subject ot 158,000 pages of Universal Commercial Code, triple columns, front and back, of "laws" of which no judge remotely expects even legal professions to know all?
How else could our tax code be so complex and backwards that Corporations can literally pay staffs of CPA tax code experts, more actual money to file 50,000+ page tax returns, far removed from common sense, to eliminate, or often receive a tax credit, than it would actually cost just to pay their fair share?
Because those passing such laws clearly serve their own interests and proliferation. Not because it's fair or even remotely "reasonable".