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Thread: Number Of Unemployed In France Passes 3 Million

  1. #31
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    Re: Number Of Unemployed In France Passes 3 Million

    Quote Originally Posted by poweRob View Post
    We had a 90% tax rate on the wealthy in the 50's under Eisenhower. I don't think you get the purpose. It's not to tax people at 90%. It's to reroute cash flow so that instead of them cashing out and making money with money via interest rates and whatnot, it encouraged reinvestment in their businesses and dealings which strengthened the economy and manufacturing.

    Yet another The Prof spam thread debunked.
    Really, and how much of their income was taxed at 90%?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
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    Re: Number Of Unemployed In France Passes 3 Million

    The Beatles wrote about it.


    " Let me tell you how it will be
    There's one for you, nineteen for me
    'Cause I'm the taxman, yeah, I'm the taxman

    Should five per cent appear too small
    Be thankful I don't take it all
    'Cause I'm the taxman, yeah I'm the taxman... "
    Don't work out, work in.

    Never eat anything that's served in a bucket.

  3. #33
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    Re: Number Of Unemployed In France Passes 3 Million

    Quote Originally Posted by American View Post
    Really, and how much of their income was taxed at 90%?
    From what I understand the effective tax rate was somewhere around 50%. Loopholes and write-offs existed then too.
    Quote Originally Posted by Moderate Right View Post
    The sad fact is that having a pedophile win is better than having a Democrat in office. I'm all for a solution where a Republican gets in that isn't Moore.

  4. #34
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    Re: Number Of Unemployed In France Passes 3 Million

    Quote Originally Posted by The Prof View Post
    News from The Associated Press

    what went wrong?

    aug 8: France's 75% Tax Could Push Rich Into Mass Exodus - Rich thinking of leaving if 75% tax rate is passed

    even the nyt reported that there is very little revenue to be gained from the 75% tax, it's purpose is "merely symbolic"

    then why impel so many of those with means to flee?

    class warfare never works, it only seeks to divide

    so does barack obama's overwhelming focus on social issues, which we're all gonna see prominently on pimetime tv in charlotte

    party on, progressives

    forward---to where?
    Things have always been divided.............. if you dont want division, then PAY A LIVING WAGE.

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