Originally Posted by theking

One either believes in a progressive tax rate or one doesn't. It sounds as if you don't. The income tax rates have gone down every administration since and including President Kennedy's administration. As I stated when he first became President the tax on the wealthy was 92% and it was during the years from the end of the Second World War to his Presidency that the country experienced its largest economical growth and the wealthy during those years just became more and more wealthy even with a 92% tax rate.

Now they complain...as I am sure they did during those years...when their tax rate is at 35 or 36% and would have gone back up to 39% or so.

I primarily pay capital gains taxes these days but during the years when I was paying substantial amounts on income tax...in the highest bracket...I never found it to be a problem and did not...and do not complain about paying taxes. I do sometimes...even often times...complain to my congressman about the way tax monies are spent.

I do not have a problem with progressive tax...though I think there are better ways to tax then our current system.