Are you in favor of this?
I hope not. Now I know that most of us want to end the GWB tax cuts for the wealthy...but to raise income tax rates to a draconian 91% will have a negative effect on the economy and Democrats electoral prospects for the next generation...
Now you say it just is not so...nobody would be in favor of this with a straight face...but there are and the numbers seem to be growing...
http://www.dailykos.com/...
**************Final Update***************
Thanks for all of you showing up to this diary...especially the ones who agree with the 91% tax rate...I applaud your honesty and answering the poll. Now the next time this comes up and a Kossack retorts...there are no Kossacks who are really advocating this policy, I can link this diary in retort to that comment and they will be "blown away" with your responses...
For the sake of the Democratic party and Liberals everywhere, I hope your views don't get into a RNC ad this fall or in 2012...
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So short and sweet...this is more about bashing the wealthy than solving our fiscal problems...if we wanted to solve our fiscal problems, we would raise taxes on the wealthy to the point where we last had historical surpluses during WJC...and that rate was 39.6%...
President Obama already gave historical tax breaks to the middle class and working poor as one of the most progressive tax cuts in American history...(common' more cheering from the left on that score!!!)
The 91%+ were war profits taxes that were put in place to give the profits from the war back to the treasury...which also led to the mistake in history of providing employer based healthcare because it was tax-free...It was first reduced by that liberal JFK to 70% which increased revenues to the tresury...
Lets all shout down this craziness once and for all and be for left-leaning, practical and sane policies that will help our country and our causes succeed....