Quote:
Originally Posted by Atticus
Well they helped to pay off WW2 with the Victory Tax of 1942. They also had substantially higher taxes for WW1 (77% highest rate), WW2 (up to 94% highest rate), Korea (92% highest rate and Vietnam (77%). The gulf war only cost the US $24 billion. In contrast the Iraq/Afghanistan wars have cost 3.2 Trillion. Slight difference.
And to answer the last question. Obama is a 2 term president of the United States. A slightly larger accomplishment then you, or Romney, ever had. But keep living in that Republican dream world.
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Victory tax? Say what?
At first I thought you were on crack. But it seems you are correct sir:
http://en.wikipedia.org/wiki/Revenue_Act_of_1942
Learn something every day.