Who was the US President When you were born?
Jarod
2012/06/28 22:15:14
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Top Opinion
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Sister Jean 2012/06/28 22:31:55Other President

















(I agree with taxing the rich)
This was nearly the highest tax rate for top earners in the century, just under the 94 percent rate for income over $200,000 instated during World War II under Franklin D. Roosevelt's presidency.
In 1954, the 92 percent marginal rate decreased to 91 percent under Eisenhower. The maximum tax on long-term capital gains was 25 percent -- a rate that remained in place for a decade.
And while subsequent presidents tended to lower the marginal rate, it remained at 70% or above. That set the scene very nicely for Ronnie Reagan, who the right loves to deify. The thing is, he lowered the rate considerably and started the ball rolling for the catastrophe we have today. I wish people would take ten minutes to see what the Reagan administration really did to us all. It wasn't good.
I really would like to see all Hispanic workers in this country take the month of September as a holiday. Really. Wouldn't that be a hoot, and a disaster of immeasurable proportions? No Starbucks, McDonalds, Arbys, Walmart, no trash pickups, no clean sheets in the hospitals or nursing homes, no appointments with the Doctor, no 911 responders, no construction work, no lettuce, tomatoes, corn, cucumbers, strawberries, and a thousand other things we take for granted tomorrow. The DOW Industrial Average would fall at least 2,000 points, probably more, banks would close for lack of help, bodies would stack up in the morgue, no funerals, no day care .... on and on.
Would that cause Speaker Boehner to come off the golf course and get the "House in Order"? Maybe, but what a shock that would be if they had to actually go to work and face a problem? OK, they wouldn't, who am I kidding?