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Re: B402 post# 435007

Saturday, 01/14/2023 11:46:36 AM

Saturday, January 14, 2023 11:46:36 AM

Post# of 575481
Association is NOT causation.

Things sure changed since the dems did...

Which Party attempts to reform the tax system to make it more equitable, less harmful to the middle class and the lower classes?

Look at the marginal tax rates up until '82 and then '87. The higher the rate the more revenue for government. We've never approached even the 50% rate that pertained before Reagan.

Maybe the Dems should propose 40%-42% with all of the increase sequestered to debt reduction in return for spending cuts that do not touch SS and Medicare? Make no mistake, the cuts the GOP wants cannot be reached without cuts to benefits in either or both of those programs

https://www.taxpolicycenter.org/statistics/historical-highest-marginal-income-tax-rates

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