Structural vs Stimulus | 82 comments (82 topical, 0 hidden)
graphs are way off point (none / 0)
I am not sure what you are trying to say. Between the 1930's and 1970's taxes were much higher and it prevented the speculative boom bust cycle that Regan unleashed in the 1980's, and Clinton compounded in the late 1990's allowing Bush to throw gasoline on it in the 2000's.

It's not about revenues, it's about deterring or promoting greed, corruption and speculative bubbles. People are inherently evil when given access to unlimited money and power. FDR had this all figured out. We strayed from the plan and ended up right back in the same shit hole.


by sisco66 on 09/04/2010 09:38:42 PM EST

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Dude, check the numbers... (none / 0)
What were the total tax collections as a percentage of GDP?  That's the important number, pissing and moaning about how people spend their own money is a waste of time.  You can't seriously promote the idea that high taxes are needed to punish wealthy investors because you don't like what they do with their money.  I am sure that wealthy investors will fund progressive candidates, not.

Don't waste your vote, vote Green or Independent in the next election.

by mcamelyne on 09/05/2010 02:32:18 AM EST

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way off (none / 0)
dude, the point is that wall street is not spending their money they are stealing yours via prop trading, flash trading, buying regulators ect....and to make it all worse they are doing this at 15% or less.

Yes the chart shows that overall percentages have stayed the same but the % of income that the wealthy has paid has gone way down. You need to look at the indivdual brackets and the effects on boom bust cycles and national debt.

by sisco66 on 09/05/2010 04:59:52 PM EST

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Structural vs Stimulus | 82 comments (82 topical, 0 hidden)