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View Diary: Bipartisan tax cut meeting postponed (158 comments)

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  •  If you go here, you will see how unfair the tax (2+ / 0-)
    Recommended by:
    Clio2, JeffW

    system really is.

    An analysis that begins with:

    In 2009, only 1,198,412 Americans earned more than $250K !!

    Reagan's Dawning Damned Us!

    In 1982, their TAX HOLIDAY BEGAN. The tax rate dropped 20%!  From

    90%  The tax rate, 1944 - 1964, to
    70% where it remained until it dropped to
    50% in 1982.  Not good enough!  It dropped AGAIN to
    38.5% in 1987.  Still not good enough.  It dropped AGAIN to
    28% in 1988!  Bush I, increased it to
    31% in 1991, Clinton increased it to
    39.6% in 1993, and Bush II dropped it AGAIN to
    38.6% in 2002.  Still not good enough.  Bush II dropped it AGAIN to
    35% in 2003.

    There were No Tax Holidays for the majority of us, however.  
    Since 1941, most income earners have paid between 20% - 28% income tax consistently!

    http://www.dailykos.com/...

    10.2.10 March On Washington ROCKED http://www.onenationworkingtogether.org/pages/march-details

    by War on Error on Tue Nov 16, 2010 at 05:42:31 PM PST

    [ Parent ]

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