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View Diary: Economics Works Backwards Now (192 comments)

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  •  I didn't say it would be done (0+ / 0-)

    I only insisted it should be done. Unfortunately, you are probably right that the investment class has become far too powerful because of the lowered effective tax rates they have enjoyed over the last decade. It will most likely take a full taxpayer revolt to get these elite few to pay effective tax rates they did between WWII and the Reagan administration when the middle class grew to the largest and most affluent middle class in human history. Our economy grew at a consistent rate around 5% most every year during that 3 decade plus period without the boom and bust cycles.  

    Really don't mind if you sit this one out. My words but a whisper -- your deafness a SHOUT. I may make you feel but I can't make you think..Jethro Tull

    by RMForbes on Wed Sep 14, 2011 at 10:35:38 AM PDT

    [ Parent ]

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