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Warpy

(114,536 posts)

34. People saw the percentage of their income taken by taxes rise

Mon Sep 2, 2013, 09:56 PM

Sep 2013

every time that income went up as inflation did. This ate into their purchasing power. Is this so very hard to understand?

http://en.wiktionary.org/wiki/bracket_creep

Everybody was getting nailed by it from busboys and dishwashers up through the executive class.

This is what killed the progressive income tax, they had stupidly failed to index it to inflation.

This is why people were suckered by Reagan and his "flatter, fairer income tax, you can send it in on a postcard."

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My dad was a proud union member, now retired. He bought a home, cars, and raised a mess of kids... [View all] hunter Sep 2013 OP

Thank you for your post, totally agree with you, itvwas some hard times walking a picket line but Thinkingabout Sep 2013 #1

+1000 !!!! orpupilofnature57 Sep 2013 #2

We keep fighting for it.. that's how we get to Cha Sep 2013 #3

k&r a trillion northoftheborder Sep 2013 #4

The GOP and the RW AM Radio Hatemongers made Org Labor the Bad Guys. lpbk2713 Sep 2013 #5

Amen. People are starting to realize life in the richest country in the world shouldn't be like this reformist2 Sep 2013 #6

Union wages and benefits converted the middle class into doc03 Sep 2013 #7

Bracket creep turned them into Republicans Warpy Sep 2013 #9

You can believe this or not but we would go on strike doc03 Sep 2013 #13

Ohio sucks. hunter Sep 2013 #14

Some people are just grabbers Warpy Sep 2013 #25

That's not exactly right. OrwellwasRight Sep 2013 #30

People saw the percentage of their income taken by taxes rise Warpy Sep 2013 #34

Why do people always go to the "stupidity" argument? OrwellwasRight Sep 2013 #35

Wages were allowed to fall far behind inflation Warpy Sep 2013 #37

Your argument doesn't make sense. OrwellwasRight Sep 2013 #40

Wages didn't keep up with inflation Warpy Sep 2013 #43

I don't fail to understand. Once more: I Disagree. OrwellwasRight Sep 2013 #48

and instead of pay raises, millions of people got plastic credit cards SoCalDem Sep 2013 #38

Exactly, as purchasing power fell and taxes increased Warpy Sep 2013 #44

Don't forget subsidized childcare and paid maternity leave Warpy Sep 2013 #8

Yep, it ought to go both ways. hunter Sep 2013 #12

Where did it go, indeed? Scuba Sep 2013 #10

Excellent Omaha Steve Sep 2013 #11

K&R abelenkpe Sep 2013 #15

Republicans support NAFTA & GATT and bust unions upi402 Sep 2013 #16

Not now, but always have. obxhead Sep 2013 #19

Actually on #1 Phlem Sep 2013 #17

The minimum wage simply needs to be eliminated. obxhead Sep 2013 #18

Hell yes! If Australia has all that, why the fuck can't we?! nt SunSeeker Sep 2013 #20

My Dad was a Union member (UAW). He had decent wages. Was able to save. Triana Sep 2013 #21

Yes. hunter Sep 2013 #26

Hope your dad continues to be OK. Triana Sep 2013 #27

This message was self-deleted by its author Cronus Protagonist Sep 2013 #22

All those wages are being vacuumed up by the super rich so there's little left for everyone else. Kablooie Sep 2013 #23

And who should pay for this? busterbrown Sep 2013 #24

I don't know if it is a farce so much OrwellwasRight Sep 2013 #28

Great post MissDeeds Sep 2013 #29

Sounds like a plan!!!!! mstinamotorcity2 Sep 2013 #31

That is a great list kairos12 Sep 2013 #32

The current state of lobor is compliments of the Reagan policies. liberal N proud Sep 2013 #33

My father was a union member Bunnahabhain Sep 2013 #36

When my dad retired from GM, he made more than I did working B Calm Sep 2013 #39

We're heading out of First World territory rapidly. Thanks, Reagan! Arugula Latte Sep 2013 #41

Unions are only necessary because of abuse felix_numinous Sep 2013 #42

You are aware unions in the US have a significant history of racism? Bunnahabhain Sep 2013 #45

Thanks you are right! felix_numinous Sep 2013 #46

Me too. Bunnahabhain Sep 2013 #47

We live in a racist society. hunter Sep 2013 #49