The Motley Fool Discussion Boards

Previous Page

Politics & Current Events / Retire Early CampFIRE


Subject:  Re: Taxes Are Much Higher Than You Think Date:  12/12/2012  9:25 AM
Author:  Colovion Number:  659600 of 876351

No way man! High taxes make people more patriotic and they work HARDER! I can't give a rational explanation of why this happens but in the 50's there were really high tax rates and, like, the economy boomed! So clearly it was high tax rates that made the economy boom and it wasn't the government raising tax rates to capture more of the booming economy while offering oodles of deductions so that nobody actually paid the highest rates. No way that happened. And there wasn't a major war that decimated the manufacturing capacity of the rest of the developed world while leaving ours virtually untouched in the 40's. Nope, couldn't possibly have happened. It was all high taxes and unions!

/Man, even pretending to be liberal gives me a headache, what with having to deny the obvious and support contradictory things!
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us