Ursa Majoris Posted April 15, 2010 Share Posted April 15, 2010 How punitive was the income tax in 1912? How many F-16s were we fielding in 1912? Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted April 15, 2010 Author Share Posted April 15, 2010 How many F-16s were we fielding in 1912? About as many as our foes. I don't know this for a fact, but I'd be willing to bet that defense spending made up a larger portion of the federal budget in 1912 than it does today. Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted April 15, 2010 Share Posted April 15, 2010 About as many as our foes. I don't know this for a fact, but I'd be willing to bet that defense spending made up a larger portion of the federal budget in 1912 than it does today. Whatever, 1912 is neither here nor there. There is no way a top rate taxpayer today can legitimately complain about the tax rate when a quick glance at the post-war history of the US makes it obvious that rates were astronomically higher than they are now. Quote Link to comment Share on other sites More sharing options...
westvirginia Posted April 15, 2010 Share Posted April 15, 2010 Who is "these folks" and "they" (bolded above)? What freedoms have been lost in the last 20 years under a Democratic administration? And your tax link is showing nothing much at all, up a little for some, down a little for others. Mine, OTOH, shows a longer time period and conclusively proves a punitive marginal tax rate, deductions or not. You're looking for good old days that never actually existed. We had the crime bill/gun ban in 94 (and shrub was the one that let it sunset, so don't EVEN try to say that doesn't count), along with the v-chip and the echelon program under Clinton. And I don't know why you're just asking me about dem admins - I'm just as angry at repubs. Bush fooked gun owners in the ass with no lube when he banned further importation of simple WWII bolt guns in '89. Dems at least used to stand for civil liberties - something I used to respect. Now it doesn't appear to me that any of them see any real limitation to gov't power. The "these folks" could be tea partiers, perch, the doctor in the one example, anyone you're trying to negate what they're saying by pooh-poohing as "victim mentality" prone. You really can't understand that your tax link doesn't prove a thing? The marginal rates mean nothing without taking into account how you arrive at the income subject to the tax! You know this. If you'd lose your home interest, charitable deductions and any other deductions you had tomorrow, you're tax would go up significantly, wouldn't it? Well, when deducting interest on credit cards and for that Mercedes you're leasing and the vacation home you're buying will significantly lower income. The tax rates by themselves mean nothing. That's why you are demonstrably point-blank WRONG. Quote Link to comment Share on other sites More sharing options...
westvirginia Posted April 15, 2010 Share Posted April 15, 2010 Whatever, 1912 is neither here nor there. There is no way a top rate taxpayer today can legitimately complain about the tax rate when a quick glance at the post-war history of the US makes it obvious that rates were astronomically higher than they are now. Ursa, you are factually incorrect by basing your statement on only the nominal rates. Period. Ask weigie or anyone else here who knows anything at all about finance or taxes. Quote Link to comment Share on other sites More sharing options...
Pope Flick Posted April 15, 2010 Share Posted April 15, 2010 We had the crime bill/gun ban in 94 (and shrub was the one that let it sunset, so don't EVEN try to say that doesn't count), along with the v-chip and the echelon program under Clinton. And I don't know why you're just asking me about dem admins - I'm just as angry at repubs. Bush fooked gun owners in the ass with no lube when he banned further importation of simple WWII bolt guns in '89. Dems at least used to stand for civil liberties - something I used to respect. Now it doesn't appear to me that any of them see any real limitation to gov't power. The "these folks" could be tea partiers, perch, the doctor in the one example, anyone you're trying to negate what they're saying by pooh-poohing as "victim mentality" prone. You really can't understand that your tax link doesn't prove a thing? The marginal rates mean nothing without taking into account how you arrive at the income subject to the tax! You know this. If you'd lose your home interest, charitable deductions and any other deductions you had tomorrow, you're tax would go up significantly, wouldn't it? Well, when deducting interest on credit cards and for that Mercedes you're leasing and the vacation home you're buying will significantly lower income. The tax rates by themselves mean nothing. That's why you are demonstrably point-blank WRONG. Here you are, once again, making chit up out of thin air and patronizingly stating it as if it were fact. in fact, you can NOT deduct interest from credit cards. If you are referring to an entrepenurial home business, then maybe But in general - no. Yet you're still pointing the finger at other pepple for lying. lovely are you a hypocrite! Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted April 15, 2010 Author Share Posted April 15, 2010 Whatever, 1912 is neither here nor there. There is no way a top rate taxpayer today can legitimately complain about the tax rate when a quick glance at the post-war history of the US makes it obvious that rates were astronomically higher than they are now. Yes the socialist FDR never met a tax he didn't like, you are right about that. But as you keep trying to ignore, for most of that time period there were a gajillion deductions available to make the effective tax rate much lower, then Reagan got rid of the deduction and lowered taxes. Why do we want to look at post war anyway? And really isn't it raw deal? Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted April 15, 2010 Author Share Posted April 15, 2010 Here you are, once again, making chit up out of thin air and patronizingly stating it as if it were fact. in fact, you can NOT deduct interest from credit cards. If you are referring to an entrepenurial home business, then maybe But in general - no. Yet you're still pointing the finger at other pepple for lying. lovely are you a hypocrite! He's not saying you can, he is saying if you could it would significantly lower your effective tax rate if you could. Prior to Regan overhauling that tax code there were a crazy multitude of deductions that don't exist today. You are missing his point all together. Quote Link to comment Share on other sites More sharing options...
Hugh B Tool Posted April 15, 2010 Share Posted April 15, 2010 Hard to take a side of someone whom can't spell better than Hollywood Henderson. Though I have yet to find many lefties calling opposition to their doctrines "Un-American". Quote Link to comment Share on other sites More sharing options...
evil_gop_liars Posted April 15, 2010 Share Posted April 15, 2010 Things I have learned in this thread. 1) Perch would like to live in 1912 2 ) The V chip killed our civil liberties. Quote Link to comment Share on other sites More sharing options...
cre8tiff Posted April 15, 2010 Share Posted April 15, 2010 Though I have yet to find many lefties calling opposition to their doctrines "Un-American". Of course we can't. That phrase is © 1980 Republican National Committee. Quote Link to comment Share on other sites More sharing options...
westvirginia Posted April 16, 2010 Share Posted April 16, 2010 Here you are, once again, making chit up out of thin air and patronizingly stating it as if it were fact. in fact, you can NOT deduct interest from credit cards. If you are referring to an entrepenurial home business, then maybe But in general - no. Yet you're still pointing the finger at other pepple for lying. lovely are you a hypocrite! I'm not making chit up - look at the tax laws prior to Reagan's changes. Educate yourself once in a while. Quick google netted this and this(note #9) and this (read # 4) There you go again, not knowing what you're talking about, being full of garbage and won't even admit you don't know anything. Again, for those playing at home, the rates were much higher, but there were so many deductions that no one actually paid the highest marginal rates. Ursa, you're dead wrong man. The only rate that has any meaning is the percentage of people's income that fedgov actually takes - the effective rate. Quote Link to comment Share on other sites More sharing options...
westvirginia Posted April 20, 2010 Share Posted April 20, 2010 I'm not making chit up - look at the tax laws prior to Reagan's changes. Educate yourself once in a while. Quick google netted this and this(note #9) and this (read # 4) There you go again, not knowing what you're talking about, being full of garbage and won't even admit you don't know anything. Again, for those playing at home, the rates were much higher, but there were so many deductions that no one actually paid the highest marginal rates. Ursa, you're dead wrong man. The only rate that has any meaning is the percentage of people's income that fedgov actually takes - the effective rate. :crickets: Quote Link to comment Share on other sites More sharing options...
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