To all those fiscal teaparty people who want to go back to the 1950's.. okay you win.. I join you..

[Peacetrain]

Seriously..I am joining you.. walking in Lockstep with you.. I am not kidding a bit. I know you lurk in here.. and I am joining you.. You were right.. I was wrong.. and we should return to the 1950 tax rates..

I know.. it was much lower unemployment.. One parent could stay home with the kids, because the family could be supported by one parent.. you are right.. I am right there.. I have been convinced


Tax Comparison: Obama vs Reagan, Nixon, Eisenhower
March 13, 2009 03:33 PM EDT
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I received this chart, from The Washington Monthly, in an email this morning. I thought I would pass it along in case you have not seen it.

The media has been obsessing about President Obama's plan to roll back the Bush tax cuts for the wealthiest Americans—from 35% to 39.6%.

But I was surprised to learn that the tax rate the wealthiest Americans paid on the top portion of their earnings at the end of Ronald Reagan's first term was much higher -- 50%.

Under Richard Nixon it was 70%, and under Dwight Eisenhower it was actually 91%.

[The Magistrate]

1. Well, You Know, Ma'am, That Dwight Eisenhower, He Was A Communist

That was an article of faith in the John Birch Society back then, and there is not a hair's-breadth of difference between the Birchers then and the tea-bagging Koch-suckers of today....

[Peacetrain]

2. I read that.. he was a red menace to the Birchers...

;).. unbelievable..

[The Magistrate]

7. An Uncle Of Mine In Those Days, Ma'am, Had A Bookshelf You Would Not Believe

He believed every word, of course....

[bluestateguy]

3. Strong labor unions too

Much more so than today.

[Peacetrain]

6. We have lost so much, with the loss of our union numbers

[EC]

4. While watching "Boardwalk Empires" last night

I realized what the leaders of the TP's(Koch, Armey etc) want is a return to that age...the early 1900's during the time of robber barrens...when everyone else had to debase themselves one way or another to eke out a living, while the upper 1% or 2% enjoyed the entertainment of the debasing...this is the time period they are really for...I'd take the 50's anyday...But the repubs want the earlier eras...

[Peacetrain]

5. opps wrong place.. self delete

:hi: having one of my more dyslexic days here