[identity profile] tniassaint.livejournal.com posting in [community profile] talkpolitics

It is astounding to me that the highest marginal tax rates are at a 65 year low and the "right" still claims they are too high... even funnier when one considers that we are engaged in several military conflicts and running record deficits. Funny how you run up debt when you drop your rates of income.

Oh what's that? The Congressional Research Service is now also reporting in a non-partisan study that the statistics do not support this concept that lower tax rates on the wealthy and businesses spur growth. Oh what? While our tax code is (supposedly) so high, few businesses pay at that rate, and most pay some of the lowest rates ever. Any company paying the higher, full tax rate should fire their accountant.

Trickle Down doesn't work. It never has.

So - your thoughts?

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Talk Politics.

A place to discuss politics without egomaniacal mods

DAILY QUOTE:
"Clearly, the penguins have finally gone too far. First they take our hearts, now they’re tanking the global economy one smug waddle at a time. Expect fish sanctions by Friday."

July 2025

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