AOC believes a system that allows Billionaires to exist is immoral (user search)
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  AOC believes a system that allows Billionaires to exist is immoral (search mode)
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Author Topic: AOC believes a system that allows Billionaires to exist is immoral  (Read 2643 times)
Absentee Voting Ghost of Ruin
Runeghost
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« on: January 23, 2019, 08:46:28 AM »

Oh no! She wants to put the top marginal rate back to where it was during the administration of that left-wing commie liberal, President Eisenhower.

https://www.cnbc.com/2019/01/22/davos-billionaires-are-scared-of-alexandria-ocasio-cortez-tax-proposal.html
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Sounds like she's on the right track.
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Absentee Voting Ghost of Ruin
Runeghost
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Posts: 19,646


« Reply #1 on: January 23, 2019, 02:59:32 PM »

Oh no! She wants to put the top marginal rate back to where it was during the administration of that left-wing commie liberal, President Eisenhower.

https://www.cnbc.com/2019/01/22/davos-billionaires-are-scared-of-alexandria-ocasio-cortez-tax-proposal.html
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Sounds like she's on the right track.

I think you're well aware that the effective tax rate paid on money in the top bracket was nowhere near 70% and that Eisenhower would have never supported such a thing, either.

The effective tax rate for the highest bracket, 38% again? Or still 35? Either way, the effective tax rate is likewise notably lower for the highest income.



Lies,  damned lies and statistics. You're playing semantic games, because you don't like the truth.

https://www.politifact.com/truth-o-meter/statements/2015/nov/15/bernie-s/income-tax-rates-were-90-percent-under-eisenhower-/

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