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Old Codger

(4,205 posts)

5. I do believe

Reply to SoCalDem (Original post)

Mon Sep 15, 2014, 06:50 PM

Sep 2014

That we already have a few of them...

The excise tax on tires was first levied in 1918 mainly because of revenue needs brought about by World War I. The tax was reduced after the war, and then repealed in 1926. The levy was reintroduced during the Great Depression at a time when federal individual income tax revenues were plummeting, and was increased to help finance World War II.

still exists on tires and such

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The US needs a "permanent" war tax [View all] SoCalDem Sep 2014 OP

Please no, not another regressive tax that forces the poor to pay for rich men's wars. Warpy Sep 2014 #1

Sadly, it would have to be on everyone to have any real impact SoCalDem Sep 2014 #2

Why not pass a law stating military contractors must produce military stuff Cleita Sep 2014 #3

Ford, GM and all the rest made huge profits in WW II. former9thward Sep 2014 #6

It should. n/t Cleita Sep 2014 #7

I wish we could base it on people's fear or how much they stand to profit from the wars. nt logosoco Sep 2014 #4

I do believe Old Codger Sep 2014 #5