General Discussion
In reply to the discussion: My dad was a proud union member, now retired. He bought a home, cars, and raised a mess of kids... [View all]OrwellwasRight
(5,312 posts)Either wages didn't keep up with inflation (which is correct) or they didn't (which is incorrect).
You are argue both: you say inflation raised wages so much people crept into higher tax brackets AND you argue wages didn't keep pace with inflation, meaning no one crept into a higher tax bracket because no one's wages rose. You can't have it both ways.
As I argue, even when people do get a raise (regardless of the level of inflation), they don't feel "overtaxed" because they continue to get more in take home pay then they did before the raise even if the new income is taxed at a higher rate than the old income. The net result is more money in your pocket regardless of the top rate of your tax.
THERFORE, no one is overtaxed or feels overtaxed. Many people are under-incomed. I will NEVER agree with your right wing meme about people feeling overtaxed.
As to real wages not rising, that part is true. But lowering taxes doesn't fix that.
Taking power form corporations and allowing workers to reassert their power fixes that. That's what unions are for.
Anyone who voted for Reagan, or who followed him on any issues, taxes or otherwise, was an idiot. If they didn't see it at the time, I hope they do in retrospect.