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The Great Tax Divide

TxDoc Wrote: Sep 19, 2012 8:44 AM
Another great parody. Hope you are a fellow member. If not, you should be...
The Liberal Mind vs Facts Wrote: Sep 19, 2012 9:16 AM
TX Doc, that's not a parody, that is exactly the way the progressive mind thinks. LD expresses it so clearly. The covert planners are cringing.
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...