the ultimate american riddle...
WHY DON'T WE DO WHAT WE DID BEFORE ON TAXES THAT WAS SUCCESSFUL?
WHY DON'T WE DO WHAT WE DID BEFORE ON TAXES THAT WAS SUCCESSFUL?
why is it that in 1929 when the stock market crashed with our highest tax rate at 25% or lower for the last five years and then with the great depression ensuing, why is it that such a hell as that brought upon us by the rich paying low taxes, why is it that when we then took their taxes through the roof and built everything we ever built and won WWII and payed for it all and went to the moon! A few times...and we built the twin towers too!
WE BUILT THE WORLD TRADE CENTERS!
...all these things between 1940 and 1980 with taxes on the wealthiest between 70% and 94%?
...all these things between 1940 and 1980 with taxes on the wealthiest between 70% and 94%?
That is roughly double to triple what they are today,
WHY THEN DID LIFE SUCK BEFORE WITH LOW TAXES ON THE RICH AND GOT GOOD WHEN TAXES ON THE RICH WERE HIGH AND LIFE NOW SUCKS AGAIN WITH TAXES ON THE RICH LOW AGAIN...
WHY THE * U C K DON'T WE DO WHAT WE DID BEFORE ON TAXES THAT WAS SUCCESSFUL?
WHY THE * U C K DON'T WE DO WHAT WE DID BEFORE ON TAXES THAT WAS SUCCESSFUL?
Because that would be too logical?
ReplyDeleteI know the feeling, but I also know that the working class have been re-programmed by AM radio and have a thoroughly distorted view of history. As to why it's not discussed in liberal media...it's hard not to be a conspiracy theorist on that...I did finally hear Tom Hartmann say on his show yesterday 'Forget rolling back the Bush tax cuts...we need to roll back the Reagan tax cuts'.
ReplyDeleteI was going to debate you point by point but it occurred to me that it might be a huge waste of time.
ReplyDeleteI think maybe you’re really a conservative, doing this blog as a joke, just trying to make liberals look bad
-or-
You really believe the absolute nonsense you posted.
Either way, I don’t see an intelligent debate happening any time soon.
blamin
ReplyDeleteI have detailed the history of our tax rates with encyclopedic accuracy and supplied you with a formal link to the data and I have simply posed the question...why did we accomplish so much more and pay for it when the rates on the rich were much higher.
If you had any viable comeback it should be as easy to communicate as the vapid critique you offer here.
blamin -- Chip is right: whenever the top tax rate is high, the country does well, and whenever the top tax rate is low, the country does poorly.
ReplyDeleteBeyond that, the tax rate you pay has no impact on what goods you can afford to buy as long as everyone in your income bracket has to pay the same taxes: because prices of goods are determined by "what the market will bear", when everyone's nominal income is reduced by taxes, the price of goods goes down until the very same people can afford the very same goods. It's a basic economic principle.
Chip -- Yes, it's absolutely true that Americans have been programmed to believe right-wing clap-trap about how economics works, and it's mostly lies and the rest distortions. (they've also abandoned Jesus' teachings, but that's another subject....) So, what the liberals need to do is to retake the media! How do we do that?
ReplyDeletekimchalister
ReplyDeleteThat is such a tough question. I really wish that conservatives were correct when they say that 'new and useful information will attract an audience and ad revenue...etc.' but it's just not the case in a system where it's possible to bottle up various means of communications. Conservatives started buying up AM broadcast licenses decades ago and they are being used to paint a blatantly false and biased version of our economic history and it just isn't true that they want to put 'anything' on the air that brings in the most ad revenue.
Despite the redness of the state of GA the Atlanta-Athens area is very blue/Democrat in every election, but Cox-WSB owners won't even entertain the idea of having a progressive on the air because they realize that any increased ad revenue might be counterbalanced by the fact that the host is promoting higher levels of taxation on the wealthy and corporations.
My personal goal is to build the most useful and informative site I can and start adding audio and video essays, especially fleshing out the basic argument of this post we're on here. Then...I'd like t begin buying one minute ads on AM talk stations here in the southeast to promote the site with short 'Paul Harvey' style audio essays, but with a more Huey Long message. I worry whether they will even sell me the time though...
How about yourself?
REMEMBER THERE BEE MORE THAN THE PETULANT BASHERS....
ReplyDeleteTHERE IS THE BEE AT THE DOOR THAT WE CAN'T AFFORD TO IGNORE.
>TAX FAIRNESS.
>DRUG MEDICALIZATION TO DE-FUND TERRORISM AND ILLEGAL CARTELS.
>MAKE BROADCAST NETWORKS GIVE FREE AD TIME TO POLITICAL CANDIDATES.
NORMALIZE THINGS WITH CUBA!!!!SOOOOOON!
ReplyDeleteMove there - you're already a Commie Pinko.
ReplyDeleteChip - We have thought about a radio program -- specifically a Unitarian-Universalist religious program, but we just don't have the energy, money, or emotional support. I do have an email group of about 50 people I send emails to whenever i see something I want them to see. Mostly politics, but also energy, psychology, sociology, the environment, and occasionally humor.
ReplyDeleteAlso, my partner is inventing a solar electric generator which I believe will revolutionize the solar industry, making solar more efficient, more practical, and less expensive. That will be our big contribution, if it works....
Oh, and I am writing a book -- the working title is The Little Green Book -- about the next form of market economics, now that Capitalism is obsolete.
Thanks for asking.
Thanks Kim...very interesting...put me on your email list when you send more...thanks...
ReplyDeletechip@chipshirley.com
chip -- I added you to my email list. The subject line ends with "ANS" because we call it Access News Service. We have a non-profit research corp called Access Institute, and it is loosely connected with that.
ReplyDelete