General Discussion
In reply to the discussion: Bernie Sanders is on CNN NOW......and he's got new glasses........he is saying the US population should get at least [View all]Jack Valentino
(5,278 posts)after World War II, even when Republican Eisenhower was President !
(when the highest tax rate was about 90 percent)
And the country BOOMED during those incredibly high (relatively) tax rates
on the very wealthy during the 1950's and 1960's!
"TAX THE RICH" is one of the MOST POPULAR POLITICAL POSITIONS of the Democrats---
and even my Republican best friend agrees with that!!!---
but the Republican politicians have profited from their never-ending policy of
tax cuts, MOSTLY going to the very rich---
it's a form of "MONEY LAUNDERING"---
Republicans cut taxes on the very rich, and the very rich reciprocate
by donating a fair percentage of their tax savings to
the Republican party and GOP candidates, on the taxpayers' dime!
And, even though every poll I have ever read about, supports raising taxes on the rich,
across all party repondants including the majority of Republican rank and file---
most Democratic candidates and incumbents have been TOO TIMID to RUN on it!---
(especially since many Democratic incumbents ALSO became addicted
to corporate political financing!)