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The RESULTS of republiCON tax policies:

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supraTruth Donating Member (352 posts) Send PM | Profile | Ignore Thu Oct-27-11 02:38 AM
Original message
The RESULTS of republiCON tax policies:
http://www.msnbc.msn.com/id/26315908/#45055472

The graph in the video demonstrates the MOST PARAMOUNT issue of 2011.

30 YEARS of REDUCED & FLATTER taxes for the 1% has resulted in the EXTRAORDINARY & SINFUL DISPARITY between them & the OTHER 99% of US.

More people need to know that during the 2 REPUBLICAN terms of Dwight D. Eisenhower, the top Income Tax Bracket was 91% AND Capital Gains & Dividends were taxed at the same rate (NOT the 15% & 25% that they have been taxed at since the CHENEYbushCO tax cuts of 2003).

We DESPERATELY need MORE Tax Brackets for MULTIMILLIONAIRES&BILLIONAIRES to help reverse this disturbing trend in CLASS WARFARE that the CONS have waged for the past 30 YEARS.

http://supratruth.newsvine.com/_news/2011/01/17/5864039-a-proposal-for-real-tax-reform

WRITE YOUR CONGRESSMEN & MEDIA!

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pnwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 02:48 AM
Response to Original message
1. I'm not sure those rates will bring in enough money. It looks low to me. n/t
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supraTruth Donating Member (352 posts) Send PM | Profile | Ignore Thu Oct-27-11 12:47 PM
Response to Reply #1
2. It is a matter of FAIRNESS AND over a period of 10 years it will HELP SIGNIFICANTLY.
30 YEARS in the WRONG direction canNOT be turned around in only 1 year by ANYthing.

BUT, THE TREND CAN BE REVERSED!
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pnwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 02:36 PM
Response to Reply #2
3. But we can't make the deficit worse by cutting our tax revenues significantly.
And I'm guessing that this plan wouldn't bring in nearly enough money.
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