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Think Obama´s Tax Hikes
Are Low Compared
With Rates Of The
1950s? Think Again

Investors Business Daily, by Amity Shales

Original Article

Posted By:Desert Fox, 1/4/2013 8:31:29 PM

Of course, 2013 will be fine, because the 1950s sure were. That´s the premise for the coming year, especially in regard to the agreement in Washington to raise tax rates on the well-off. In the 1950s, after all, tax rates were far higher than what the House and Senate have agreed on, a top rate in the high-30% range. Back then, they were even higher than what President Barack Obama might have proposed, if left to his own counsel. Republicans in that era went along with the idea that high rates took something away from the rich and

      


Post Reply  

Reply 1 - Posted by: JediJerry, 1/4/2013 8:54:13 PM     (No. 9099261)

In this case, "well off" really means anyone with a job will have their taxes hiked one way or the other. Oh yes, propose more than you really want, then "compromise" and take what you really wanted in the first place.


Reply 2 - Posted by: PageTurner, 1/4/2013 8:55:05 PM     (No. 9099262)

Another Obama lie - blown to smithereens.


   

 

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R-VAR_AD


 
Reply 3 - Posted by: horacer, 1/4/2013 8:56:20 PM     (No. 9099265)

Ms. Shlaes is beautiful and brilliant. Directional stability is the crucial component of tax policy. It´s not necessarily the amount taxes change, it´s the direction.


Reply 4 - Posted by: chance_232, 1/4/2013 10:07:46 PM     (No. 9099345)

Something else frequently overlooked is that the US benefited from the fall out of WWII. Most of the industrialized world had either experienced massive devastation or significant losses due to the war. Europe, Russia, Japan etc were in a shambles. The only manufacturing base to survive the war intact was in North America. If you wanted raw materials....the US. A machine...the US, Clothing....the US.

During the 50´s, the US economy was going to boom no matter what the government did. The US held a near worldwide monopoly on technology and finished materials. We could do that today, but we would have to nuke China, Singapore, Vietnam, Korea, Japan, Taiwan, Mexico etc first.


Reply 5 - Posted by: BaseballFan, 1/4/2013 10:20:41 PM     (No. 9099364)

Today I received an email warning from my employer to ensure that each and every pay stub is reviewed for accuracy, paying close attention to the deductions made for social security, which has been increased by 2.0%.

Curiously, the email pointed out that the increase was "IRS mandated".

/s on/
I´m checking back on my ballots for the past several years... my elected representative to the IRS is certainly going to hear from me. /s off



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Below, you will find ...

Most Recent Articles posted by "Desert Fox"

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Most Recent Articles posted by "Desert Fox"



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Martha´s Vineyard Times (Massashusetts), by Nelson Siegelman    Original Article
Posted By: Desert Fox- 8/7/2013 5:38:35 PM     Post Reply
Martha´s Vineyard residents who have grown accustomed to the temporary disruptions of presidential vacation motorcades to the golf course and the beach can expect extraordinary and lengthy up-Island detours, after President Barack Obama and his family arrive Saturday. The Secret Service will close South Road to all vehicle traffic near the president´s vacation compound on Snail Road beginning about 2 pm, Saturday afternoon. Only abutters and emergency vehicles will be allowed to pass through security check points between Meeting House Road to the east and Wooton Bassett Road to the

   

 

  


 
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Posted By: Desert Fox- 8/7/2013 5:25:04 PM     Post Reply
RUSH: Everybody´s talking about -- well, not everybody. The chairman of the RNC wrote letters to CNN and NBC, "You guys, we´re not gonna show up at your debates anymore if you do these miniseries on Hillary." I think you ought to send the letter, just take out the part about the miniseries on Hillary. "We´re not gonna show up in your debates anymore." They´ll never do that, but that´s what they should do. Anyway, the RNC is very much concerned about all these miniseries on Hillary. Last night, while

Obama has private
dinner with Katzenberg
Politico, by Edward-Isaac Dovere    Original Article
Posted By: Desert Fox- 8/7/2013 5:22:42 PM     Post Reply
LOS ANGELES – Presidential trips to California almost always come with fundraising events attached — and though there wasn’t one on President Obama’s schedule for his visit here Tuesday, he made sure to include one anyway. After finishing taping the Tonight Show in Burbank, Obama arrived with his presidential motorcade at the Hilton Woodland Hills and wasn’t seen publicly for the rest of the night. He did, however, host a major Democratic donor for a private meal. “The president had dinner with his long time friend, Jeffrey Katzenberg,” said White House press secretary Jay Carney, referring to the Dreamworks CEO.

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Posted By: Desert Fox- 8/7/2013 5:11:33 PM     Post Reply
RUSH: Looky here what I happen to be holding in my formerly nicotine-stained fingers. It is a story from the UK Guardian, and the date is today. "Should We Care That Smart Women are Not Having Kids?" It´s not should we care that "stupid women" are not having kids. It´s "Should We Care That Smart Women are Not Having Kids? -- "It seems that women these days are too clever for their own good, at least when it comes to making babies. "Research emerging from the London School of Economics examining the links between

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Politico, by Seung Min Kim    Original Article
Posted By: Desert Fox- 8/7/2013 3:48:59 PM     Post Reply
Sen. Chuck Schumer (D-N.Y.) made his clearest indication yet that he would be fine with a piecemeal approach to immigration reform preferred by the Republican-led House. Schumer, the leader of the Gang of Eight whose comprehensive immigration reform legislation passed the Senate in June, said even if the House passes separate bills, those measures could eventually be bundled in a House-Senate conference committee. “We would much prefer a big comprehensive bill, but any way that the House can get there is OK by us,” Schumer told CNN Wednesday. “I actually am optimistic that we will get this done.”

Graham Crackers
National Review Online, by Mark Steyn    Original Article
Posted By: Desert Fox- 8/7/2013 3:36:39 PM     Post Reply
I don’t like to plug, honestly, but my anthology Mark Steyn’s Passing Parade includes an essay written twelve years ago, upon the death of Washington Post proprietor Kay Graham. Excerpt: The media’s sense of proportion is never more out of whack than when bidding farewell to one of its own, but even so the passing of Katharine Graham set impressive new standards of risibility: “The Most Powerful Woman In America,” “The Most Powerful Woman In The World,” “America’s Queen,” “Kay’s Amazing Grace,” “Oh, Kay,” “Special Kay”… No “Kay, Why?”, funnily enough, though the question is certainly worth asking.

   

 

B-G1


 
Regime Leaked the Intercept of
Al-Qaeda´s Conference Call
to Make Obama Look Good
Rushlimbaugh.com, by Rush Limbaugh    Original Article
Posted By: Desert Fox- 8/7/2013 3:28:10 PM     Post Reply
RUSH: There´s a story that just ran on what it is that constituted the reason for this massive shutdown of our embassies. And apparently the regime, this Eli Lake and another writer have the story at The Daily Beast, and the only way they could get this is if the regime leaked it. I mean, who else knows this? Who else knows what happened? I mean, sure you´ve got people -- the NSA and CIA -- but that´s the regime. And basically Ayman al-Zawahiri is now apparently much more active than even bin Laden was.

Great Orator Gaffes Again
Wall Street Journal, by James Taranto    Original Article
Posted By: Desert Fox- 8/7/2013 3:24:07 PM     Post Reply
"The odds of people dying in a terrorist attack obviously are still a lot lower than in a car accident, unfortunately," President Obama told NBC´s Jay Leno last night. Wait, "unfortunately"? Does the president really wish more Americans were killed in terrorist attacks? Indeed, orders of magnitude more, since nationwide traffic fatalities typically run between 30,000 and 50,000 a year? Of course not. Obviously when he deployed that adverb he was thinking of the unfortunate souls killed in car accidents, not the victims of terrorism.

Obama: ´We Don’t Have a
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Posted By: Desert Fox- 8/6/2013 10:06:30 PM     Post Reply
"The odds of dying in a terrorist attack are a lot lower than they are of dying in a car accident, unfortunately." President Obama tells comedian Jay Leno that "We don’t have a domestic spying program." He made the comment during a taping of Leno´s TV show. Obama also says the U.S. is not overreacting by closing some U.S. embassies for a week. The president tells Leno, "The odds of dying in a terrorist attack are a lot lower than they are of dying in a car accident, unfortunately." And the president says of Russia´s Putin,

Romney warns Republicans
against government shutdown
The Hill (Washington D.C.), by Jonthan Easley    Original Article
Posted By: Desert Fox- 8/6/2013 9:19:15 PM     Post Reply
Mitt Romney on Tuesday warned congressional Republicans against shutting down the government in an attempt to defund ObamaCare. “I badly want ObamaCare to go away, and stripping it of funds has appeal,” Romney said at a fundraiser in New Hampshire for the state’s Republican Party, according to prepared remarks. “But we need to exercise great care about any talk of shutting down government. What would come next when soldiers aren´t paid, when seniors fear for their Medicare and Social Security, and when the FBI is off duty?”

CIA Claims Benghazi Survivors Wanting to
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Weekly Standard, by Stephen F. Hayes    Original Article
Posted By: Desert Fox- 8/6/2013 8:50:37 PM     Post Reply
In a May 30, 2013, letter to CIA officers on the ground last fall in Benghazi, Libya, CIA director John Brennan notifies survivors of those attacks that congressional oversight committees remain interested in hearing from them. HPSCI (House Permanent Select Committee on Intelligence) and SSCI (Senate Select Committee on Intelligence), Brennan wrote, “have asked that CIA leadership reach out to officers who were in Benghazi during the attacks to let them know of the committees’ interest in hearing first-hand account. While the committees have asked that we make those in Benghazi during the attacks aware of their interest in

   

 

R_DBL_B
  


 
Chris Matthews´s Understatement
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Newsbusters, by Scott Whitlock    Original Article
Posted By: Desert Fox- 8/6/2013 8:01:09 PM     Post Reply
Proving, yet again, that Chris Matthews lives in his own special world, the Hardball anchor on Tuesday unleashed a massive understatement. Talking about the Republican National Committee and Chairman Reince Priebus´s decision to boycott NBC if the network produces a pro-Hillary Clinton documentary, Matthews defended MSNBC: "By the way, those who talk about the tight relationship between MSNBC and Barack Obama, for example, count the number of times he´s been on this network. Zero." This made former RNC chair Michael Steele laugh and he retorted, "That still doesn´t say



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The Hill (Washington D.C.), by Carlo Munez    Original Article
Posted By: Desert Fox- 8/5/2013 9:26:32 PM     Post Reply
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