Friday, January 27, 2017

Let's start a movement:  raise the taxes of the top 1% to a 42% tax rate.  This is not really so extreme. The revenue wouldn't be for the pet products of just "one side."  This is a Centrist movement really worth giving birth to.

As a reminder, taxes on the upper echelons were much higher from Eisenhower until Reagan. For most of that time, the economy was really pretty good. The stock market (which used to not be used as the main measure of how the country was doing) grew just fine.  In fact, much of the action-reaction we have in society can be traced back to the 1980s, which spawned this modern extremism.

Other items from this blog, which refer to outside economists' reports, are below:


Kezzie said...

This seems a very good idea.

C. Marie Byars said...

We could try it.... Wish we could get more people to look at policies that help the most people, rather than personalities!

Regarding the other post: there was that remark circulating that if HRC got elected, there'd be a taco truck on every corner. The president is quite proud of his mother being a Scottish immigrant. Haggis is a Scottish dish, and quite nasty, from what I hear. Basically, cold oatmeal in sheep guts!

MeLisa DeSilva said...

42- the answer to the question of life. According to one of my favorite novels! I'm following you now 😊