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    Should taxes be raised on the wealthiest people?

    Why did the Colonist go to war with the Crown? Why did they break up Standard Oil, and US Steel? Why do we have Antitrust Laws?
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    Biden Ends Presidential Bid.

    Nugent.
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    Should taxes be raised on the wealthiest people?

    Indeed , inflation is the scourge of the lower classes. However, the cause you state is incorrect. All you have to do is look at the deficit spending over the last 40 years and inflation for same period and you will discover that there is zero correlation between borrowing money, printing...
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    Should taxes be raised on the wealthiest people?

    In this thread, my goal is to participate in conversations that I knew would be hostile and adversarial. It's a test to see how well I can research the data, and produce a supportable hypothesis
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    Should taxes be raised on the wealthiest people?

    It's a beginning. We have to establish a series of fact, before we can seek to understand. At least the foundation for my observation is valid. Next I would have to offer evidences that would support that lowering the highest bracket tax liability has caused systemic problems for our country. I...
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    Should taxes be raised on the wealthiest people?

    Beliefs and emotion.
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    Should taxes be raised on the wealthiest people?

    And again, insults.
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    Should taxes be raised on the wealthiest people?

    Once again, you can say nasty things because you are a moderator. Tell us how spending is the problem. And please, teach this ignorant citizen how "capitalism actually works".
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    The real J D Vance

    You literally made those statements, how is that judging?
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    Should taxes be raised on the wealthiest people?

    Now we know my statement is supported. Please state clearly, without emotional grandstanding, what your exact beliefs are, and some evidence to support them would be good. Contrary to what you accused, I don't have an agenda here. I just want to see if people can defend their beliefs.
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    Should taxes be raised on the wealthiest people?

    It's a good question, sorry you can't understand it? All those great grand kids got paid for the property. They probably had options that you aren't aware of, and took the road they traveled so they could buy a Condo in Costa Rica. I design houses for those kinds of folks, I know what goes on...
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    Should taxes be raised on the wealthiest people?

    Is there a problem with that?
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    Should taxes be raised on the wealthiest people?

    You mean like historical data?
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    Should taxes be raised on the wealthiest people?

    In the early 60s the highest tax rate was 92%. Lowering the upper tax bracket is the single largest contributer to our people's financial problems. One of our fundimental freedoms is to select our leaders, how is it that you believe the most successful investors should rule the world? I've...
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    The real J D Vance

    You need to look that up. and oh yeah, they burned coal in the old days.
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    Should taxes be raised on the wealthiest people?

    I agree not political, thank you. Government overspending is, at least, a double edged sword. Obviously ideology really is not as big of a factor here, they all use spending as a way to gain influence, that is our system. But it is more than that.
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    Should taxes be raised on the wealthiest people?

    I will answer these as I read them. 1. You are partially correct, Inflation does effect return on investment. Although, you can look at this chart and be able to tell that for the last 40 years inflation has not been a major factor...
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    Should taxes be raised on the wealthiest people?

    I don't have to guess, wealthier organizations can spend money on accounting and legal teams because the scale of their savings is greater than the cost of those efforts.
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    Should taxes be raised on the wealthiest people?

    You have obviously thought this out.
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