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View Diary: Maneuvering in the middle on fiscal cliff is still veering too far right (189 comments)

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  •  Why are any of these cards in the game? (10+ / 0-)

    "sharing oversight"... when there should be nothing to see in the first place is not an advantage.

    Transaction tax on Wall Street, end of deficit. End of discussion.


    The Internet is just the tail of the Corporate Media dog.

    by Jim P on Mon Dec 10, 2012 at 03:55:19 PM PST

    [ Parent ]

    •  Why are we starting at the Clinton tax rates? (0+ / 0-)

      We've been waging a very expensive war for over a decade.  We should be talking about "war time" rates, like the rates paid during WW I.

      The War Revenue Act of 1917 lowered exemptions and further increased tax rates. Taxpayers with $40,000 faced a 16 percent rate and for individuals with income of $1.5 million, the tax rate was raised to 67 percent.

      In 1918, tax rates were raised again with a bottom rate of 6 percent and a top rate of 77 percent. Although only 5 percent of the population paid income taxes at that time, the income was able to fund one-third of the cost of World War I.

      Even Democrats can be asses. Look at Rahm Emanuel.

      by Helpless on Tue Dec 11, 2012 at 10:47:44 AM PST

      [ Parent ]

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