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1 theheat  Thu, Aug 11, 2011 9:23:24am

Clearly, you're not aware that since he said that, it was determined the Rich create All The Domestic Jobs. Taxing them is sinful. Only communists and Welfare Queens would want to see the Rich taxed because they hate jobs and hate 'merica.
//

Silly girl, ice.

2 TampaKnight  Thu, Aug 11, 2011 9:35:15am

Look, I'm fine with the top marginal rate returning to 39.6%, but I'd really like everyone to drop this "fair share" meme that is so played out. It's a populist talking point and nothing else.

What is fair is completely subjective and differs with every single person you ask.

Just come out and say, we need revenue, the highest median incomes have increased while others have decreased, and we need to go back to the 90's tax rates.

Maybe even throw in that 39.6% was the top marginal rate in the 90's when a Republican Congress submitted and passed budgets that were balanced.

3 HappyWarrior  Thu, Aug 11, 2011 10:36:05am

re: #2 TampaKnight

Look, I'm fine with the top marginal rate returning to 39.6%, but I'd really like everyone to drop this "fair share" meme that is so played out. It's a populist talking point and nothing else.

What is fair is completely subjective and differs with every single person you ask.

Just come out and say, we need revenue, the highest median incomes have increased while others have decreased, and we need to go back to the 90's tax rates.

Maybe even throw in that 39.6% was the top marginal rate in the 90's when a Republican Congress submitted and passed budgets that were balanced.

Okay, maybe fair share isn't the best way of putting it since it's true that this is subjective. However, all six members of the Republican side on the debt commission have signed a pledge never to increase taxes and furthermore I imagine most of them weren't in office in the 90's so I doubt they're going to care what their more moderate minded predecessors agreed on. The problem isn't really fairness, it's about honesty, everytime it's proposed that we bring back the Clinton era tax levels, we get screams about how this is going to ruin businesses in America but yet as you said those 1990's era ones led to balanced budgets and prosperity.

4 lostlakehiker  Thu, Aug 11, 2011 11:02:08am

The article makes an extraordinary claim: that the top 1 percent get 25% of the total national income.

According to a Wikipedia article, the top 6.7 percent of households get 33 percent of the income. That would mean that the segment of households from the next-to-top 5.7 percent got 8 percent of the income.

This is preposterous. It's saying that the top few percent make barely more than the average.

Since the article makes hyperbolic claims that are just out of whack with reality, there is no reason to put any trust in anything else the author says on the topic.

Thinkprogress needs some editors and fact checkers.


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