Hello,
Under Ronald Reagan the wealthiest Americans paid 50% taxes on their earnings. Under Richard Nixon they paid about 70%, under Eisenhower they paid 91%. All three were Republican, none was ever accused of being a Socialist.
Barack Obama is trying to raise the tax rate on these same people from the current 35% to the astounding 39.6%. Obviously he has pictures of Chairman Mao and Josef Stalin hanging in the oval office.
Stop thinking about it, I'm right.
Phill
Classical Comments: The Bracketed Cornice
14 years ago
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