Everything we do affects us all

April 19, 2012

My tax numbers are real and your supposed deductions are things you just heard about.

Nobody on the right even tries to prove a thesis where their tax cuts bring in the revenue it would take to accomplish all those massive projects we did from 1940-80. Don't you realize that if you calculate it in today's dollars we could actually pay down the debt and build a national inter-state high speed rail system and fund healthcare and still...AGAIN... we could do all that and PAY DOWN THE DEBT! That's how much money came in when we...
A-Did tax the wealthy more...and...
B-Invested the money wisely in infrastructure (rail, telecom lines, reservoirs where water is needed...etc.
That is a specific formula that worked for everybody back then and everybody describes today's situation as the new Great Depression!
It makes perfect sense.
Between 1940-80 the wealthiest Americans paid between 70% to 90% federal income tax and that's what allowed us to build the American Dream. How else could we afford it? Between 1940-80 we fought and paid for WWII, Korean War, Vietnam War, we built our US Interstate Expressway system, Roads, Electrical Grid, Telephone, our main Bridges and Tunnels; we Made every Car we Drove and we wore just the Clothes we Sewed and WE WENT TO THE MOON SIX TIMES-AND WE PAID FOR IT ALL! Here's the link. Go to section 21.5 and Get out ye encyclopedias... TRUTH:http://en.wikipedia.org/wiki/Income_tax_in_the_United_States#1930_-_1980

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