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Thread: Ron Paul is wrong on one major thing...tax rates for the top bracket must be increased.

  1. #1

    Default Ron Paul is wrong on one major thing...tax rates for the top bracket must be increased.

    That top rate should be in the 66% range at all times. Why do you think the United States was able to build the interstate highway system in the 1950's? Maybe the higher marginal tax rates led to higher revenue? What a concept. The nerve of conservatives crying about deficits when the deficit exploded under Reagan & Bush 2 because of their tax cuts. You hate deficits? Quit bitchin about taxes. Tax revenue closes deficits.

    The figures are here: http://ntu.org/tax-basics/history-of...ividual-1.html

    We need to increase the tax rate on the top bracket in order to end deficits.



  • #2
    Member Melissa's Avatar
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    Or decrease spending..why is that so hard to understand

  • #3

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    Quote Originally Posted by alongee View Post
    That top rate should be in the 66% range at all times. Why do you think the United States was able to build the interstate highway system in the 1950's? Maybe the higher marginal tax rates led to higher revenue? What a concept. The nerve of conservatives crying about deficits when the deficit exploded under Reagan & Bush 2 because of their tax cuts. You hate deficits? Quit bitchin about taxes. Tax revenue closes deficits.

    The figures are here: http://ntu.org/tax-basics/history-of...ividual-1.html

    We need to increase the tax rate on the top bracket in order to end deficits.
    You can still decrease deficits, build highways, and lower taxes at the same time if you simply reduced wasteful spending and forced the government to be more efficient.

    Its not as simple as do we lower or raise taxes. What needs to be done is for the president to learn some management skills and force our government to be more efficient.

  • #4

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    Why would you advocate theft? 66%?! what right do you have to their wealth? none.

  • #5

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    Quote Originally Posted by specsaregood View Post
    Why would you advocate theft? 66%?! what right do you have to their wealth? none.
    They're citizens, and are part of this country. If they don't like it, leave.

  • #6

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    Quote Originally Posted by alongee View Post
    Maybe the higher marginal tax rates led to higher revenue? What a concept.
    Maybe lower spending would lead to decreased deficits? What a concept.

  • #7

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    Quote Originally Posted by alongee View Post
    They're citizens, and are part of this country.
    And that makes theft ok?

  • #8

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    Quote Originally Posted by alongee View Post
    They're citizens, and are part of this country. If they don't like it, leave.
    But then what happens when you lose revenue? If you scare all the rich people away, that won't fix your budget, it will make it worse.

  • #9

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    Technically what he's saying is right, we should decrease spending as the priority because taxation is theft, however it is equally immoral to spend at a deficit WITHOUT raising taxes because it shifts the burden on the next generation.

    Btw your "if you don't like it then leave" analogy is unsound, by that logic I can knock everyone's mailbox down in my neighborhood with a baseball bat and just say if they don't like it leave.
    Last edited by nano1895; 04-30-2012 at 08:52 PM.

  • #10
    Member Havax's Avatar
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    Quote Originally Posted by alongee View Post
    That top rate should be in the 66% range at all times. Why do you think the United States was able to build the interstate highway system in the 1950's? Maybe the higher marginal tax rates led to higher revenue? What a concept. The nerve of conservatives crying about deficits when the deficit exploded under Reagan & Bush 2 because of their tax cuts. You hate deficits? Quit bitchin about taxes. Tax revenue closes deficits.

    The figures are here: http://ntu.org/tax-basics/history-of...ividual-1.html

    We need to increase the tax rate on the top bracket in order to end deficits.
    How about for every dollar of tax increases you want, we stop bombing brown people and cut back here?


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