In response to:

The Great Tax Divide

Road Dog Wrote: Sep 19, 2012 1:04 AM
So you choose to believe one report rather than History. That says more about you than the name you chose to use to post. How often are the CRS report proven accurate? How long has the CRS been in existence? Those of us with longer outlooks will rely on History.
Jkerouack Wrote: Sep 19, 2012 3:57 AM
The Congressional Research Service is the research arm of Congress. It is very respected and I have found their reports in the past to be nonpartisan and very accurate. This CRS report was based on statistics starting in 1945. It is report R42729 so check it out yourself.

I realize that everyone with a different point of view will dismiss the report even if it were signed by God himself. Our Democracy today is based on ideology and opinion, not facts. It is all about what you want to believe and not what the reality is.
There was a time when Democrats and Republicans alike could talk sense about tax rates, in terms of what is best for the economy, without demagoguery about "tax cuts for the rich."

Democratic presidents Woodrow Wilson and John F. Kennedy spoke plainly about the fact that higher tax rates on individuals and businesses did not automatically translate into higher tax revenues for the government. Beyond some point, high tax rates on those with high incomes simply led to those incomes being invested in tax-free bonds, with the revenue from those bonds being completely lost to the government -- and the investments lost...