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Tierra_y_Libertad

(50,414 posts)

7. LBJ got a 10% surtax to pay for his little venture in Vietnam to save us from the bogeyman.

Reply to tecelote (Original post)

Sun Dec 27, 2015, 04:24 PM

Dec 2015

http://www.forbes.com/2009/11/25/shared-sacrifice-war-taxes-opinions-columnists-bruce-bartlett.html

In 1968, a 10% surtax was imposed to pay for the Vietnam War, which raised revenue by about 1% of GDP. And there was conscription during both wars, which can be viewed as a kind of tax that was largely paid by the poor and middle class–young men from wealthy families largely escaped its effects through college deferments.

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Bring Back the War Tax [View all] tecelote Dec 2015 OP

Wars should always be voted on by the entire congress and if they say "WAR" SoCalDem Dec 2015 #1

Exactly. tecelote Dec 2015 #2

Yep. Make the top 5% pay for it all n2doc Dec 2015 #3

There should be no such thing as war profiteering TexasBushwhacker Dec 2015 #4

You have my vote. tecelote Dec 2015 #5

So, right-to-lifers have been successful in blocking... 3catwoman3 Dec 2015 #6

LBJ got a 10% surtax to pay for his little venture in Vietnam to save us from the bogeyman. Tierra_y_Libertad Dec 2015 #7

An all volunteer military is disproportionately poor kids too TexasBushwhacker Dec 2015 #8