Riddle me this -

Duff Miver

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The greatest prosperity growth in the USA occurred in the 1950-1975 time period. During that time we managed to pay down the massive WWII debt, build the Interstate Highway system, put a man on the moon, connect virtually every home to electric and clean water, build a huge surplus in the Social Security fund, and still maintain balanced budgets -

US-Deficit.png


Top marginal tax rates at that time were as high as 92%, yet investment money was readily available, and new millionaires were made every day.

500%20tax%20rates%20over%20time.jpg


So, given those facts how can anyone possibly believe that cutting taxes is a good idea.

Please include facts, not superstition or political sloganeering, in your reply.
 
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StevieD

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When Kennedy cut taxes for the rich the rate was 90% Bush went from 39 to 35. Anybody see a difference?
 
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The Sponge

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Everyone knows that when u cut taxes it creates jobs. History shows us that. It is called trickle down economics. It works every time especially when u have debt eating wars to pay for. :0074
 

Duff Miver

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Everyone knows that when u cut taxes it creates jobs. History shows us that. It is called trickle down economics. It works every time especially when u have debt eating wars to pay for. :0074


Okay sponge, I'll bite. Where is the history which shows that? :mj07:
 

Trench

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Everyone knows that when u cut taxes it creates jobs. History shows us that. It is called trickle down economics. It works every time especially when u have debt eating wars to pay for. :0074
Yeah, the trickle-downers should be along any time now to explain to us laymen how John Boehner and the Rebs are gonna revitalize the economy and restore prosperity across the land.

I'm giddy with excitement over the impending Republican Renaissance... :mj07:
 
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