- Sep 29, 2000
Watching that link craig put up yesterday from paul krugman, it seems that at certain peaks in US history the upper class has paid as much as 91% and that capital gains taxes were also 28% even more recently. He says that the discrepancy in wealth we see now is as severe as that seen in the 20's.Originally posted by: SP33Demon
Well, under Obama's plan the 250K and up crowd is getting hiked, not us middle class peeps. Yeah, we're definitely going to shoulder some of the bailout BS as well, but just not as much.Originally posted by: Skoorb
They are just trying to jump in the mud bath the republicans were already frolicking in, like filthy pigs. Neither party are spendthrifts in the least.Originally posted by: Genx87
This appears to be the political ploy of the 08 election cycle. Give away the national treasure to secure power.
This ought to be a good 4 years under Obama with Pelosi and the gang crafting spending legislation.Fact is McCain will spend AT LEAST as much as Obama if the last 30+ years of republican vs democratic administrations are any indication, and whether you pay for it with taxes now or inflation/decrease in lifestyle later, you'll pay for it, or somebody will. It has to be paid for one way or the other.I'm glad I'm not rich because reality is they will pay for all of Obama's proposed spending.
The rich always pay disproportionately more than the poor and middle. Where is the right point? Surely it's not now. Maybe they already pay too much, or maybe already not enough.