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View Diary: Take a Hard Line: We Should be Rolling Back the REAGAN Tax Cuts for the Rich, Not Just Bush (54 comments)

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  •  According to IRS statistics (4+ / 0-)

    analyzed by Wealth for the Common Good, the top 400 richest Americans paid an effective tax rate (after all deductions and loopholes) of 51 percent of their income in 1955 under pinko socialist Dwight Eisenhower. That plummeted to 16.7 percent by 2007.

    The Republicans are so keen on going back to the Ward Cleaver 1950s. Lets do it, at least with regards to the tax code.

    Wealth for the Common Good pulled down the Shifting Responsibility paper from their web site, but I have a personal copy of the PDF. Kosmail me if you are interested in it.

    Trickle Down Economics 101: They get the golden parachute, we get the golden shower.

    by NoMoreLies on Thu Nov 15, 2012 at 11:45:59 AM PST

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