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View Diary: You can fool some of the people all of the time (101 comments)

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  •  I love when this ridiculous point is made--taxing (6+ / 0-)

    the rich alone doesn't bring in enough....blah, blah, blah, so whatdayasay...let's just leave it off the table...

    Yes, my friend, it may not cure everything, but it brings in a lot and it stops the growing disparity in income.  AND YOU KNOW IT.

    Why you just want to ignore that because "it's not enough to correct the deficit" is a completely unsupportable and specious position.  

    If the plutocrats begin the program, we will end it. -- Eugene Debs.

    by livjack on Sun Aug 12, 2012 at 02:51:33 PM PDT

    [ Parent ]

    •  some of us don't give a damn about the deficit (2+ / 0-)
      Recommended by:
      wishingwell, chuckvw

      because we understand how "Keynesian economics" works.

      •  Actually Keynes cared about deficits. (2+ / 0-)
        Recommended by:
        OrdinaryIowan, Calamity Jean

        You just don't try to balance budgets when the economy is in the toilet. You raise tax rates when the economy recovers and you raise taxes on high incomes because persons with high incomes spend less of their incomes.  Of course we should never cease to point out that while Republicans always run against deficits, they never, never reduce them.

        I'm truly sorry Man's dominion Has broken Nature's social union--Robert Burns

        by Eric Blair on Sun Aug 12, 2012 at 06:40:28 PM PDT

        [ Parent ]

    •  It sure did a good deal to solve (3+ / 0-)
      Recommended by:
      SueDe, Eric Blair, Calamity Jean

      fiscal problems in the '50s and '60s when the top rate was 80-90%. The effective rate was nowhere near that but even with loopholes it brought in a lot more than the current average effective rate. The rich have been getting both their rate slashed as well as creating many more handy loopholes for the last fourth years or so...concurrently growing with the unbalanced upward redistribution of wealth in the US. Coincidence?

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