bylm1-Bernie wrote:
The language that AOC, Bernie S, and other so-called Socialist Democrats are speaking is no different than the young people were speaking when I was in college. Soak the rich was the theme of the liberals of the 50's and 60's just as it is now. There is no difference. I can't believe that they are still trying to find a way to make Socialism work. It has never worked and we can see examples of Venezuela, N Korea, USSR, and many other countries in which it has been proven to be a disaster. The thought of all those people who have acquired wealth is evidently too much of a temptation to resist. I think the big problem is that instead of teaching the effects of Socialism vs Capitalism, today's profs are the liberals of the 60's and 70's and they are indoctrinating instead of fairly presenting all views with their resulting consequences. I just hope there is an awakening soon or this Country will cease to exist.
The language that AOC, Bernie S, and other so-call... (
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People who favor this kind of taxation point to the halcyon days of the fifties when we had such huge economic growth and a top tax rate approaching 90%. They ignore the fact that these same people were taxed at such a high rate on only a fraction of their income, the rest of it being tucked away in IRS proof tax shelters thoughtfully provided for large campaign contributors. If you have a thousand bucks, and $990 of it is untaxable, who cares about the other 10 bucks?