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This is a distortion of history. No one paid these rates. The Tax Reform Act of 1986 eliminated, reduced, or modified the deductions the people that would've pa
by ryanworl 7y ago
This is a distortion of history. No one paid these rates. The Tax Reform Act of 1986 eliminated, reduced, or modified the deductions the people that would've paid these rates were previously allowed. Additionally, the wealthiest individuals typically do not receive much wage income relative to their capital gains.
There are reasonable arguments to be made about increasing or decreasing taxes, or adding new types taxes or removing other ones, but this meme of "our posted tax brackets used to be higher, and everything was fine, therefore we need that again" is simply untrue.
- _jal 7y ago> and everything was fine, therefore we need that again" is simply untrue. I said nothing of the sort. If you have an argument with someone else, go have the argument with them; don't put words in my mouth.
- kolbe 7y agoYour original statement was a response to no one, too. Not sure why you're upset when he did the same. I think it's arguably even fairer of him, because due to your lack of explanation for why you made your comment, he was left to surmise what the purpose could have been.
- _jal 7y agoUh, what? That person responded to me. And since it is apparently OK with you to make up stuff that other people never said, I take serious issue with your immoral pro-puppy-murder stance.