London rampage.....

[Deleted]

Is this what we have to look forward to? I hope not but it seems to be catchy.

www.dailymail.co.uk/news/article-1370053/Anti-cuts-demo-Protesters-occupy-Fortnum--Mason-half-million-march-London.html

[hello fromWarsaw]

Tax the Rich ffs- Raygun and Thatcher, Pubs and Tories suq, the two great savage capitalist parties, many dupes of elitist greedy rich, under cover of the flag and arrogance ;D. I don't like violence, but could we please wise up?

[vonnie6200]

How much taxes should the rich be paying?

[hello fromWarsaw]

What they always paid before Voodoo ruined the country.

[vonnie6200]

Mar 26, 2011 19:54:46 GMT -5 hello fromWarsaw said:

What they always paid before Voodoo ruined the country.

You do realize that the tax code and tax rates have changed numerous times over the years - and that what "they always paid," was not what they always paid. There actually was a time in the USA when there was no income tax.

[handyman2]

The effects and scenes of Socialism at it's finest.

[hello fromWarsaw]

The exuberance and stupidity of youth, probably anarchists or some such drivel. You probably think socialists are communists....

[hello fromWarsaw]

"and that what "they always paid,"

let's say since 1933. That's right, the last time pubs did this they started another world depression.

[vonnie6200]

And 20 years earlier there was no 16th amendment and no federal income taxes for anyone.

1913 - the beginning of Federal income taxes the top rate was 6%


From 1932-1935 the federal income tax rate was 14% with no exemptions

[hello fromWarsaw]

And I suppose you think those were the good old days. Read "The Good Old Days: They were Terrible"...

[hello fromWarsaw]

Historic Rates (Please note those 50's golden years cons are so nostalgic about)
Now let’s look at the income tax rate for the highest bracket throughout history (via Wikipedia):

· 1971-1981: 70%
· 1970: 71.75%
· 1969: 77%
· 1968: 75.25%
· 1965-1967: 70%
· 1964: 77%
· 1954-1963: 91%
· 1952-1953: 92%
· 1951: 91%
· 1950: 84.36%
· 1948-1949: 82.13%
· 1946-1947: 86.45%
· 1944-1945: 94%
· 1942-1943: 88%
· 1941: 81%
· 1940: 81.1%
· 1936-1939: 79%
· 1932-1935: 63%
· 1930-1931: 25%
· 1929: 24%
· 1925-1928: 25%
· 1924: 46%
· 1922-1923: 56%

[vonnie6200]

Historical rates (married couples, filing jointly)
Table

Tax year Top marginal
tax rate (%) Top marginal
tax rate (%) on
earned income,
if different<1> Taxable
income over--
1913 7 500,000
1914 7 500,000
1915 7 500,000
1916 15 2,000,000
1917 67 2,000,000
1918 77 1,000,000
1919 73 1,000,000
1920 73 1,000,000
1921 73 1,000,000
1922 58 200,000
1923 43.5 200,000
1924 46 500,000
1925 25 100,000
1926 25 100,000
1927 25 100,000
1928 25 100,000
1929 24 100,000
1930 25 100,000
1931 25 100,000
1932 63 1,000,000
1933 63 1,000,000
1934 63 1,000,000
1935 63 1,000,000
1936 79 5,000,000
1937 79 5,000,000
1938 79 5,000,000
1939 79 5,000,000
1940 81.1 5,000,000
1941 81 5,000,000
1942 88 200,000
1943 88 200,000
1944 94 <2> 200,000
1945 94 <2> 200,000
1946 86.45 <3> 200,000
1947 86.45 <3> 200,000
1948 82.13 <4> 400,000
1949 82.13 <4> 400,000
1950 84.36 400,000
1951 91 <5> 400,000
1952 92 <6> 400,000
1953 92 <6> 400,000
1954 91 <7> 400,000
1955 91 <7> 400,000
1956 91 <7> 400,000
1957 91 <7> 400,000
1958 91 <7> 400,000
1959 91 <7> 400,000
1960 91 <7> 400,000
1961 91 <7> 400,000
1962 91 <7> 400,000
1963 91 <7> 400,000
1964 77 400,000
1965 70 200,000
1966 70 200,000
1967 70 200,000
1968 75.25 200,000
1969 77 200,000
1970 71.75 200,000
1971 70 60 200,000
1972 70 50 200,000
1973 70 50 200,000
1974 70 50 200,000
1975 70 50 200,000
1976 70 50 200,000
1977 70 50 203,200
1978 70 50 203,200
1979 70 50 215,400
1980 70 50 215,400
1981 69.125 50 215,400
1982 50 85,600
1983 50 109,400
1984 50 162,400
1985 50 169,020
1986 50 175,250
1987 38.5 90,000
1988 28 <8> 29,750 <8>
1989 28 <8> 30,950 <8>
1990 28 <8> 32,450 <8>
1991 31 82,150
1992 31 86,500
1993 39.6 89,150
1994 39.6 250,000
1995 39.6 256,500
1996 39.6 263,750
1997 39.6 271,050
1998 39.6 278,450
1999 39.6 283,150
2000 39.6 288,350
2001 39.1 297,350
2002 38.6 307,050
2003 35 311,950

[steff]

everyone does realize that the Daily Mail is a tabloid, not a reliable news source right? I guess if yall don't mind getting your news from the British equivalent of US Weekly or People magazine.

[burnsattornincan]

How many times do we have to go through this bs tax rate garbage? The top marginal tax rate has no resemblance to what the actual tax rate after deductions were. The 50's were the golden years, low taxes and very little third world immigrants.

[Deleted]

Mar 26, 2011 22:13:08 GMT -5 steff said:

everyone does realize that the Daily Mail is a tabloid, not a reliable news source right? I guess if yall don't mind getting your news from the British equivalent of US Weekly or People magazine.

The story is in your "reliable " news sources also. I chose this one for the pics.

[hello fromWarsaw]

How many times do we have to go through this bs tax rate garbage? The top marginal tax rate has no resemblance to what the actual tax rate after deductions were. The 50's were the golden years, low taxes and very little third world immigrants.

Sure. How 'bout once? Link? Iread yesterday that corporations paid 30% in taxes in the fifties, now more like 10%. Also, CEOs were paid 23X the average worker, now 300X.It's all a PUBSCAM. And you are their fools. Oh, sorry.

[hello fromWarsaw]

"From 1932-1935 the federal income tax rate was 14% with no exemptions"

So you were wrong.

[burnsattornincan]

"From 1932-1935 the federal income tax rate was 14% with no exemptions"

Sounds pretty good to me, I'll take that rate any day.

[hello fromWarsaw]

It's also not true. The 'cut taxes' cult is now insanity. TY Raygun and "Greed is Good".

[ed1066]

Mar 27, 2011 0:23:49 GMT -5 hello fromWarsaw said:

It's also not true. The 'cut taxes' cult is now insanity. TY Raygun and "Greed is Good".

[burnsattornincan]

Ratchets, what the hell is going on in England? I guess I'll have to turn on the Communist News Network, don't have Fox here...

[hello fromWarsaw]

They want the rich taxed more, just like here. 70% here do, and nothing HAPPENS!! It was supposed to be peaceful, but some maniacs....and good night.