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<blockquote data-quote="vantexan" data-source="post: 6135259" data-attributes="member: 24302"><p>91% of a small % of higher income. Most of their income was taxed at a lower rate. And Kennedy lowered taxes and like Reagan, George W. Bush, and Trump, he saw an increase in Federal revenue. You want to stick it to the rich but can't seem to grasp it's the rich investing in new companies that creates jobs and makes it possible to have a middle class. Jobs don't exist in a vacuum, somebody has to create the job and hire someone to do it. And when the wealthy can keep more of their income the resulting economic activity from their investing increases Federal revenue. If Kennedy hadn't been killed I wonder if like Reagan he would've become a Republican? At least back then a Democrat could say what he did about taxes without being crucified by the Left.</p></blockquote><p></p>
[QUOTE="vantexan, post: 6135259, member: 24302"] 91% of a small % of higher income. Most of their income was taxed at a lower rate. And Kennedy lowered taxes and like Reagan, George W. Bush, and Trump, he saw an increase in Federal revenue. You want to stick it to the rich but can't seem to grasp it's the rich investing in new companies that creates jobs and makes it possible to have a middle class. Jobs don't exist in a vacuum, somebody has to create the job and hire someone to do it. And when the wealthy can keep more of their income the resulting economic activity from their investing increases Federal revenue. If Kennedy hadn't been killed I wonder if like Reagan he would've become a Republican? At least back then a Democrat could say what he did about taxes without being crucified by the Left. [/QUOTE]
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