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Old 01-29-2010, 11:17 PM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,313,993 times
Reputation: 7627

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Quote:
Originally Posted by shorebaby View Post
Goodness gracious I have schooled you all night and you still don't know when to quit. Please review the handy dandy tax rate chart I posted for you and you will see indeed that the top marginal rates went up in the early 90s. Sheesh. I am going to start charging you.
Anything you charge is going to be a rip off.
YOUR OWN LINK shows the tax rate went up in 1991.
The early 90's recession started in July 1990.
That's BEFORE the tax rate went up.

1990's Recession | RECESSION.ORG

Ken
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Old 01-29-2010, 11:21 PM
 
Location: Unperson Everyman Land
38,645 posts, read 26,354,099 times
Reputation: 12647
Quote:
Originally Posted by ndfmnlf View Post
Jobs are a lagging indicator. Always have been.

So what did we just spend a trillion dollars on?
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Old 01-29-2010, 11:22 PM
 
Location: Hoboken
19,890 posts, read 18,740,570 times
Reputation: 3146
Quote:
Originally Posted by ndfmnlf View Post
What? There's no "on the one hand on the other hand" here. Reagan top marginal tax brackets were 50% on average. Here's the breakdown:
1980: 70%.
1981: 69.125%
1982: 50%
1983: 50%
1984: 50%
1985: 50%
1986: 50%
1987: 38.5%
1988: 28%

Why do you continue to lie?
Tsk tsk tsk, who said anything about average? Why do you continue to lie?

I said it was the top marginal rate under Reagan was lower than today and looky at 1988 what was the top marginal rate? That's right 28% . Please stop making yourself look foolish and go to bed.
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Old 01-29-2010, 11:22 PM
 
4,183 posts, read 6,520,917 times
Reputation: 1734
Quote:
Originally Posted by shorebaby View Post
Goodness gracious I have schooled you all night and you still don't know when to quit. Please review the handy dandy tax rate chart I posted for you and you will see indeed that the top marginal rates went up in the early 90s. Sheesh. I am going to start charging you.
Goodness gracious what a loser. You said the tax rates went up in the early 90s and then there was a recession. In reality, the recession happened first, during the watch of Bush the elder - when tax rates were 28%. In 1992 when Clinton became president, the recession was effectively over, and that's when tax rates increased up to 39.6% where it stayed during most of the 90s, when many people got rich and the economy boomed.
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Old 01-29-2010, 11:24 PM
 
Location: OB
2,404 posts, read 3,946,167 times
Reputation: 879
Quote:
Originally Posted by Bluefly View Post
Is that true because you know for a fact or just because you want it to be so it aligns with your ideology?

Provide evidence if the former.
Provide evidence it's not, and I'll take you from there.

I commented, the reason companies are reluctant to increase hiring now is uncertainty over future tax policy

Obama is not pro-business homie. The business community is reluctant to invest in Obama's vision of America.

Last edited by mossomo; 01-29-2010 at 11:35 PM.. Reason: fighting class warfare
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Old 01-29-2010, 11:26 PM
 
4,183 posts, read 6,520,917 times
Reputation: 1734
Quote:
Originally Posted by shorebaby View Post
Tsk tsk tsk, who said anything about average? Why do you continue to lie?

I said it was the top marginal rate under Reagan was lower than today and looky at 1988 what was the top marginal rate? That's right 28% . Please stop making yourself look foolish and go to bed.
What are you talking about? Reagan was in office for 8 years. 7 of those 8 years, top tax rates ranged from 38 to 69%, much higher than today. You latch on to the one year it was 28%. Stop lying. YOu've been caught making bald faced lies. A true conservative.
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Old 01-29-2010, 11:27 PM
 
Location: Hoboken
19,890 posts, read 18,740,570 times
Reputation: 3146
Quote:
Originally Posted by LordBalfor View Post
Anything you charge is going to be a rip off.
YOUR OWN LINK shows the tax rate went up in 1991.
The early 90's recession started in July 1990.
That's BEFORE the tax rate went up.

1990's Recession | RECESSION.ORG

Ken

And raising taxes into a recession did loads to pull us out.
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Old 01-29-2010, 11:28 PM
 
Location: Hoboken
19,890 posts, read 18,740,570 times
Reputation: 3146
Quote:
Originally Posted by ndfmnlf View Post
What are you talking about? Reagan was in office for 8 years. 7 of those 8 years, top tax rates ranged from 38 to 69%, much higher than today. You latch on to the one year it was 28%. Stop lying. YOu've been caught making bald faced lies. A true conservative.

Tsk tsk tsk try as you might you simply can't wriggle out of this. A poster claimed the rates are lower now than during Reagan's term and that is clearly untrue. I don't think it is a left right issue but clearly a character defect you can't shake.
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Old 01-29-2010, 11:30 PM
 
4,183 posts, read 6,520,917 times
Reputation: 1734
Quote:
Originally Posted by shorebaby View Post
Tsk tsk tsk try as you might you simply can't wriggle out of this. A poster claimed the rates are lower now than during Reagan's term and that is clearly untrue. I don't think it is a left right issue but clearly a character defect you can't shake.
What a pity. Conservative rat trapped in a corner. Behaves like a rat. True to form.
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Old 01-29-2010, 11:31 PM
 
Location: Hoboken
19,890 posts, read 18,740,570 times
Reputation: 3146
Quote:
Originally Posted by ndfmnlf View Post
Goodness gracious what a loser. You said the tax rates went up in the early 90s and then there was a recession. In reality, the recession happened first, during the watch of Bush the elder - when tax rates were 28%. In 1992 when Clinton became president, the recession was effectively over, and that's when tax rates increased up to 39.6% where it stayed during most of the 90s, when many people got rich and the economy boomed.

Tsk tsk tsk ad hominem attacks will do nothing to help your already shoddy reputation. I will ask again for kicks. What bubble accounted for much of the wealth in the 90's?
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