Thursday, October 18, 2007

Cynical


The Led Zeppelin 'Richard' photo, demonstrating without a doubt, that the band were all lefties.

1: captious, peevish
2: having or showing the attitude or temper of a cynic:
a: contemptuously distrustful of human nature and motives (those cynical men who say that democracy cannot be honest and efficient — F. D. Roosevelt)
b: based on or reflecting a belief that human conduct is motivated primarily by self-interest (a cynical ploy to cheat customers)


Taxing the Rich, 1957-Style
GOP President — Dwight D. Eisenhower — ...refused to push tax rate cuts for the high-income set. Throughout Ike's Presidency, the top tax rate on income over $400,000 stood at 91 percent. Our current top marginal rate: 35 percent.

Eisenhower taxed those making over $400K at a rate of 91%!

In reality those making billions today are taxed at a rate of around 15%.

From Fox News (seriously Fox News): Wall Street Billionaires Lobby Washington to Preserve Tax Loophole
...the drastic cut in the capital gains rate — to 15 percent —...has had unintended consequences. The question now is being asked whether its fair for a handful of the highest earners in the nation to pay the lowest taxes? It's as simple as that.

So how do you explain this? Eisenhower taxes the rich at 91%, Bush taxes the richest billionaires at 15%, yet listening to hate radio its about the Democrats mishandling the economy.

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