Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Current Events
Herman Cain
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="brett636" data-source="post: 883894" data-attributes="member: 249"><p>When JFK was talking about cutting taxes on the rich the top tax rate was 91%. He cut it to 70%. In addition he supported treating capital gains as earned income and taxed it at the same rate, 70%.</p></blockquote><p></p><p>I knew some liberal on here would he quick to point that out, and as I expected you left out the most important part. The tax code was much different then compared to today. Deductions were much more numerous so even though the tax rate was 90% or 70% the effective tax rate was much lower. Even lower than today. Trying to do your best TOS impression there Jones? I thought you were better than that.</p><p>[/QUOTE]</p>
[QUOTE="brett636, post: 883894, member: 249"] When JFK was talking about cutting taxes on the rich the top tax rate was 91%. He cut it to 70%. In addition he supported treating capital gains as earned income and taxed it at the same rate, 70%.[/QUOTE] I knew some liberal on here would he quick to point that out, and as I expected you left out the most important part. The tax code was much different then compared to today. Deductions were much more numerous so even though the tax rate was 90% or 70% the effective tax rate was much lower. Even lower than today. Trying to do your best TOS impression there Jones? I thought you were better than that. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Current Events
Herman Cain
Top