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squeezer

squeezer

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Which would still make them lower than the period between 1932-1981...


toprate_historical_1.png


What else happened in 1981...???

Ronald Reagan: President Reagan increased the debt by 186%. Reaganomics added $1.86 trillion. Reagan's brand of supply-side economics didn't grow the economy enough to offset the lost revenue from its tax cuts. Reagan also increased the defense budget by 35%.
 
mjc

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squeezer said:
Which would still make them lower than the period between 1932-1981...


View attachment 933443

What else happened in 1981...???

Ronald Reagan: President Reagan increased the debt by 186%. Reaganomics added $1.86 trillion. Reagan's brand of supply-side economics didn't grow the economy enough to offset the lost revenue from its tax cuts. Reagan also increased the defense budget by 35%.
Click to expand...
But you know that nobody really paid those rates back then with the deductions available.
 
squeezer

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mjc said:
But you know that nobody really paid those rates back then with the deductions available.
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Are you suggesting the tax code has fewer loopholes now than in the past....?
 
wallnutz

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squeezer said:
Which would still make them lower than the period between 1932-1981...


View attachment 933443

What else happened in 1981...???

Ronald Reagan: President Reagan increased the debt by 186%. Reaganomics added $1.86 trillion. Reagan's brand of supply-side economics didn't grow the economy enough to offset the lost revenue from its tax cuts. Reagan also increased the defense budget by 35%.
Click to expand...
And nobody fucked with us for quite awhile when our military was strong, just like now! Fucking amazing how that works.
 
squeezer

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wallnutz said:
And nobody fucked with us for quite awhile when our military was strong, just like now! Fucking amazing how that works.
Click to expand...


I would say they fucked with us pretty hard on 9/11...
 
samsah33

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squeezer said:
Are you suggesting the tax code has fewer loopholes now than in the past....?
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No, he's suggesting that you look at the effective income tax rate, which is the tax rate actually paid by the average taxpayer, which has hovered steadily around 40-45% since before WWII despite all of the changes to the tax codes and rates. Additionally, the rates you're citing are marginal rates, meaning the rates are applied only to the top tier of your income over a certain amount and do not apply to your entire income for that year. Cash is king so marginal rates don't matter, actual cash taxes paid does.
 
Danger Dave

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samsah33 said:
No, he's suggesting that you look at the effective income tax rate, which is the tax rate actually paid by the average taxpayer, which has hovered steadily around 40-45% since before WWII despite all of the changes to the tax codes and rates. Additionally, the rates you're citing are marginal rates, meaning the rates are applied only to the top tier of your income over a certain amount and do not apply to your entire income for that year. Cash is king so marginal rates don't matter, actual cash taxes paid does.
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Listen, don't come in here with your facts and figures, rational replies like yours are the last thing this forum needs. If you don't understand liberal math and tax codes you're not going to do well here.
 
was thatguy

was thatguy

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Danger Dave said:
Listen, don't come in here with your facts and figures, rational replies like yours are the last thing this forum needs. If you don't understand liberal math and tax codes you're not going to do well here.
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That’s right.
The wizard himself says “Oval office - Trump + Biden = Conservatism”...
and that’s from the self proclaimed last true conservative.
 
SNiC Jet

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@squeezer
500bbc said:
Thanks to your Clintons who admitted they knew it was coming...
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FACT: We could have taken Osama Bin Laden out before 9/11......literally had him in the "gun sights" but Clinton did not have the balls....

“The World Trade Center came down because Bill Clinton didn’t kill Osama bin Laden when he had the chance to kill him.”
—Sen. Marco Rubio (R-Fla.), remarks in the GOP debate, Feb. 13, 2016

“The responsibility of 9/11 falls on the fact that al Qaeda was allowed to grow and prosper and the decision was not made to take out their leader when the chance existed to do so. Not once but four times according to the 9/11 report. President Clinton has acknowledged that as a regret.”
 
wallnutz

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SNiC Jet said:
@squeezer


FACT: We could have taken Osama Bin Laden out before 9/11......literally had him in the "gun sights" but Clinton did not have the balls....

“The World Trade Center came down because Bill Clinton didn’t kill Osama bin Laden when he had the chance to kill him.”
—Sen. Marco Rubio (R-Fla.), remarks in the GOP debate, Feb. 13, 2016

“The responsibility of 9/11 falls on the fact that al Qaeda was allowed to grow and prosper and the decision was not made to take out their leader when the chance existed to do so. Not once but four times according to the 9/11 report. President Clinton has acknowledged that as a regret.”
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Clinton’s= Pukes @squeezer
 
500bbc

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ultrajet said:
Lmao . Hello Bill Clinton
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loop
They immediately after the attack started screaming, " we warned them ! We warned them!
Until someone told them to shut the fuck up they were admitting they knew it was coming.
 
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