Friday, November 11, 2011

If Obama is elected, taxes will go up and the rich won't have incentive to make more money? Give me a break.?

In the past 40 years, the top marginal income tax rates have shrunken dramatically. Each president has cut the top marginal income tax rate further than his predecessor. In the 1960s, if you made more than $400,000, you paid 94% in taxes on every dollar above $400,000. Give me a break, the past 20 years have been the greatest in our country's history since there were no taxes.

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