January 26, 2015
When Will We Learn?
During what years was the USA at our economic peak? 1940-80. The tax rates on the wealthy from 1940-80 were double today's rates, no coincidence. And don't say 'the rich didn't really pay them'. There's no way our economy grew so much and we did so much with such low debt without vastly more revenue. From 1940-80 we paid for WWII, Korean War, Vietnam war, Republican Eisenhower built our Entire entire Interstate Expressways system and we went to the moon-manned 6 times! Kennedy only lowered the upper rate a little, but Reagan decimated it and America has gone into debt and disrepair since then. Sad...When will we learn?
Posted by The Dixie Dove at 9:03 AM