The SS taxes at that time only applied to the top 10% in income. The problem is that Congress never increased the income thresholds and now taxes apply to the top 60% in income.
To b fair howard zinn blames tax cuts on democrats too back then.The SS taxes at that time only applied to the top 10% in income. The problem is that Congress never increased the income thresholds and now taxes apply to the top 60% in income.
The S&L scandal didn't just up and start under Reagan.To b fair howard zinn blames tax cuts on democrats too back then.
Reagan was bad he precided over savings and loans fraud, only reason it didnt blow up bc bush sr let regulators do their jobs. woulda had financial crisis in the 90s if bush sr was like reagan
Pin headTo b fair howard zinn blames tax cuts on democrats too back then.
Reagan was bad he precided over savings and loans fraud, only reason it didnt blow up bc bush sr let regulators do their jobs. woulda had financial crisis in the 90s if bush sr was like reagan
Didnt it?The S&L scandal didn't just up and start under Reagan.
No it didn’t you Zinn-headDidnt it?
You do understand that SS was going broke and this was a bipartisan deal to fix it? The marginal tax rates had nothing to do with it. We had sky high rates for the 10 year previous time-frame the plan was in trouble.
He doesn’t know thatYou do understand that SS was going broke and this was a bipartisan deal to fix it? The marginal tax rates had nothing to do with it. We had sky high rates for the 10 year previous time-frame the plan was in trouble.
Neither does Greta apparently. Probably a lib who thinks she is entitled to someone else's money.He doesn’t know that
They must have a missing logical thinking gene.Neither does Greta apparently. Probably a lib who thinks she is entitled to someone else's money.
richest country on earth. BsYou do understand that SS was going broke and this was a bipartisan deal to fix it? The marginal tax rates had nothing to do with it. We had sky high rates for the 10 year previous time-frame the plan was in trouble.
Capitalism is by definition entitlement to workers moneyNeither does Greta apparently. Probably a lib who thinks she is entitled to someone else's money.
Many should be defundedrichest country on earth. Bs
Wat they do is defund govt programs until they dont work and then use that as an excuse to privatize
Really? Which programs have they privatized?richest country on earth. Bs
Wat they do is defund govt programs until they dont work and then use that as an excuse to privatize
Who’s better? Cretinrichest country on earth. Bs
Wat they do is defund govt programs until they dont work and then use that as an excuse to privatize
Wrong. I decide where to spend, invest. Business provides me with goods, services I want.Capitalism is by definition entitlement to workers money
capitalists tricks workers into them distributing their money to capitalists as if theyre entitledWrong. I decide where to spend, invest. Business provides me with goods, services I want.