Quote:
Originally Posted by 12clicks
its funny how the rabble talk about historic tax rates.
I'd love us to go back to any tax system of the past along with all of the loopholes. The idiot rabble are clueless to just how good they have it tax wise at the moment.
you want to go back to the tax rates of the 50s? I'm all for it. The 60s? sure. Under Reagan? yeah.
you fools are clueless about what you want.
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50-60's the tax rate was double today... Reagan even said his tax cut was a mistake.
Personal tax %'s and %'s paid by corps is at a all time low, in like the last 100 years.
How little you know of history... corps were a right, granted by the people, authorized by the State, and DID NOT MAKE PROFIT for the owner(s), they were ONLY created to benefit the people, and everyone that owned it, was 100% responsible for every action taken by the Corp.
So lets go back... when they didn't tax your corp/profits, where the State/region took a cut of your entire company, to allow you to do business, while restricting the amount of profits to the owner.