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Originally Posted by mpholland
I guess to simplify my thoughts, i believe we pay too much for what we get in return. If they would just cut the waste and make everyone pay a fair share we could do it for much less harm to the middle class. The economic cycles seemed to be fairly stable before the Reagan era when the wealthy paid 50%. I don't think the rate that the wealthy are taxed has jack shit to do with stimulating the economy. Now that they are only taxed at around 35%, the economy has been in the shitter for years. This is not part of the natural economic cycle.
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I agree with you on pre-Reagan tax on the wealthy. However the countervailing wind of the Howard Jarvist Proposition 13 acolytes have sort of hurt us also. That caused taxes on all other things like cars and utilities to go up..the ones you do not like. And California loses tons of money on huge properties (like amusement parks like Disneyland ) because they cannot be taxed at today's rates thanks to Prop 13.
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