micknaboz Posted November 21, 2022 Share Posted November 21, 2022 7 minutes ago, LiterateStylish said: I’m all for taxing billionaires. But “taxing them out of existence”??? So… communism? That’s what you want? Communist America? Nobody needs to be a billionaire. Not when there are tens of millions without heath insurance. Not when there an estimated 500,000 homeless people, tens of thousands of them veterans. Not when children are going to bed hungry. Not when our infrastructure is falling apart in many places. etc etc Do you know what the tax rates on the wealthiest was before Reagan came in and gave what his own budget director called a "Trojan Horse Tax Cut for the Rich". It was 90% in the 50's. 80% in the 60's. 70% in the 70's. Reagan lowered the top marginal tax rate from 73% to 28% over his two terms. The result has been to cripple spending on infrastructure and social programs to help the needy and so much more. We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can't have both. Louis Brandeis (Former Associate Justice of the Supreme Court of the United States). The last time we saw such concentration of wealth was at the time of the depression. So keep cheering on the oligarchs if you want, they just love that their anti-tax propaganda works so well. And call me a communist if it pleases you. I would proudly wear that label if it meant increasing taxes on the wealthy to solve our many problems, feed the hungry, house the homeless etc. Also it's pretty funny actually suggesting I'm a communist, makes me lmfao and flash back to the 60's and 70' s when people called anyone protesting the Vietnam War a communist (though young I was one of them (a protestor not a communist)and I use to laugh at them also) . But no I was never a communist. That's a term used by those too lazy to think things through. I'm much more along the line of a Bernie Sanders in what is called 'Democratic Socialism'. 1 Quote [/img] Link to comment Share on other sites More sharing options...
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.