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How Do You Think We Ever Had 90% Taxes For The Wealthiest In This Country?
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Jan 27, 2023 14:45:30   #
vernon
 
woodguru wrote:
More importantly these wealthy industrialists paid those taxes and still made huge amounts of money...it did not ruin them as the moronic right seems to believe would happen if we were to destroy them with taxes.


Your just talking crap. If you want to see this country go crazy and just produce unimaginable wealth just do away with taxes. Government is the destroyer of wealth and freedom don't forget that.

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Jan 27, 2023 22:28:36   #
Milosia2 Loc: Cleveland Ohio
 
woodguru wrote:
Crisis, economic crisis is how. The country was in trouble and we had leaders that saw this economic crisis as something the wealthiest people and corporations in this country needed to step up to the plate and help get the country out of trouble...that is patriotism on a grand scale. None of this whining and crying about paying 40% taxes on billion dollar revenues.

None of this bringing the country to it's knees making obscene profits while the country is in economic trouble, none of this zero taxes for companies making billions of dollars, or billionaire hedge fund managers paying 7% taxes on hundreds of millions of dollars because of their special interest loopholes.

And now we are seeing industries investing billions of dollars of profits into stock buy back rather than investments in their corporations, which is nothing more than plundering vast profits before a stock crash, which they prefer to call an adjustment.

For dimwitted people that can't grasp reality, raising taxes does not mean raising taxes on working people, it means raising taxes on those who should be paying the highest percentages of anyone. Those who make a billion dollars can afford to pay 40 or 50 percent of it in taxes, taxes are after all expenses have been deducted from the taxable income or profits.

The mystery of the ages will always be why working class people would get so protective of people making hundreds of millions and billions of dollars...why is it they do not believe these are the people that should be helping the country out?
Crisis, economic crisis is how. The country was in... (show quote)


What’s different today is that back then the government was the Boss.
Corporations were kept in their place .
They did what they were told by the government. It was all Jeffersonian .
Corporations and religion needed to be watched . Otherwise they would start taking over peoples rights. And taking away power from the people’s government .
And today …
Voila !!!!

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Jan 29, 2023 11:08:34   #
Milosia2 Loc: Cleveland Ohio
 
woodguru wrote:
Crisis, economic crisis is how. The country was in trouble and we had leaders that saw this economic crisis as something the wealthiest people and corporations in this country needed to step up to the plate and help get the country out of trouble...that is patriotism on a grand scale. None of this whining and crying about paying 40% taxes on billion dollar revenues.

None of this bringing the country to it's knees making obscene profits while the country is in economic trouble, none of this zero taxes for companies making billions of dollars, or billionaire hedge fund managers paying 7% taxes on hundreds of millions of dollars because of their special interest loopholes.

And now we are seeing industries investing billions of dollars of profits into stock buy back rather than investments in their corporations, which is nothing more than plundering vast profits before a stock crash, which they prefer to call an adjustment.

For dimwitted people that can't grasp reality, raising taxes does not mean raising taxes on working people, it means raising taxes on those who should be paying the highest percentages of anyone. Those who make a billion dollars can afford to pay 40 or 50 percent of it in taxes, taxes are after all expenses have been deducted from the taxable income or profits.

The mystery of the ages will always be why working class people would get so protective of people making hundreds of millions and billions of dollars...why is it they do not believe these are the people that should be helping the country out?
Crisis, economic crisis is how. The country was in... (show quote)


Simply , the government did not want the majority of the money being spent going straight to corporate or private profits.
Which is where it goes today .
Of a $1million project , why should 40% automatically go straight into profit.????
We want more bang for the taxpayer bucks
Not more profit.

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Jan 30, 2023 17:35:38   #
Ronald Hatt Loc: Lansing, Mich
 
woodguru wrote:
Crisis, economic crisis is how. The country was in trouble and we had leaders that saw this economic crisis as something the wealthiest people and corporations in this country needed to step up to the plate and help get the country out of trouble...that is patriotism on a grand scale. None of this whining and crying about paying 40% taxes on billion dollar revenues.

None of this bringing the country to it's knees making obscene profits while the country is in economic trouble, none of this zero taxes for companies making billions of dollars, or billionaire hedge fund managers paying 7% taxes on hundreds of millions of dollars because of their special interest loopholes.

And now we are seeing industries investing billions of dollars of profits into stock buy back rather than investments in their corporations, which is nothing more than plundering vast profits before a stock crash, which they prefer to call an adjustment.

For dimwitted people that can't grasp reality, raising taxes does not mean raising taxes on working people, it means raising taxes on those who should be paying the highest percentages of anyone. Those who make a billion dollars can afford to pay 40 or 50 percent of it in taxes, taxes are after all expenses have been deducted from the taxable income or profits.

The mystery of the ages will always be why working class people would get so protective of people making hundreds of millions and billions of dollars...why is it they do not believe these are the people that should be helping the country out?
Crisis, economic crisis is how. The country was in... (show quote)


Isn;t this what Musk is doing? Isn't that what Trump was doing?

All *Biden, *Clinton, & *Obammy did, was take your money, & put it in their pockets!

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