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Reply to "Turns Out Americans Actually Do Want to Tax the Rich"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] Liberals sure didn't demonize JFK, who didn't even earn his money. Of course, he would be a Republican by today's standard. He lowered taxes. [/quote] Haha. His proposal reduced the top marginal rate to 65%. That's not too far off from the rate proposed by ACO that has idiots screaming about our descent into a dysfunctional Venezuelan style of socialism. But, sure, if the Republicans want to set the top marginal rate at 65% and a corporate tax rate of 48%, then I'm in. GOP all the way. [/quote] I've heard other Rs use Kennedy as an example like this regarding tax cuts, and how Kennedy cut taxes to spur the economy. Indeed.. cutting taxes can work... *when the tax rate is really high like it used to be*. It doesn't work when the tax rates are already historically pretty low (like we had pre tax cut). We saw a perfect micro-econ example of this in Kansas.[/quote]
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