To: Marie
That's right Marie. We've been taxed and taxed and will have nothing unless we save ourselves. Hell our parents can't even give us anything without the government taking 50% upon their death. These SS Medicare, Medicaid etc. were all set up by our previous generation (Parents, FDR) with the thought that there would always be a baby boomer generation to support it. Guess that backfired a little didn't it.
The rage here on this thread that it is the baby boomer's who are standing around with their hands out is an insult. Like I said earlier. I don't expect a dime from any government agency nor do I want it. They could do away with SS and all the other welfare programs right now. It would save me a fortune each week in payroll alone. Don't forget kiddies, your employer has to match everything you pay to the government. Just be a little careful who you point your fingers to. All of us didn't elect Democrats!
38 posted on
05/18/2005 11:20:29 AM PDT by
poobear
To: poobear
I was born in 1941 and we paid taxes too. Perhaps the highest ever in history. My family fought in every war and my son is in Iraq now to defend this country. I would have been ashamed to tell someone that I can't find a job. We were always taught to yourself a job. We understood that security is between your ears and not with the government or employer. Wish I had my taxes back because I feel they have been poorly used. Ever try to buy a 1942-1945 automobile. They didn't make them . Everything went to the war effort just to survive. Most people don't realize that even food was rationed. I still have my sugar stamps. Things have been pretty good in this country since the 50's although the liberal agenda is going to going to cause big problems. I think that n the near future your medal will be tested every bit as much as we were and I hope that you handle yourselves well and survive fit. Notice the tax rates we paid in the table below starting with 94% on $200,000 in 1945. People always wonder how we paid off the debt. Well this is how!!!!!!! Sorry the table did not print out in columns Historical rates (married couples, filing jointly) Table Tax year Top marginal tax rate (%) Top marginal tax rate (%) on earned income, if different<1> Taxable income over-- 1913 7 500,000 1914 7 500,000 1915 7 500,000 1916 15 2,000,000 1917 67 2,000,000 1918 77 1,000,000 1919 73 1,000,000 1920 73 1,000,000 1921 73 1,000,000 1922 58 200,000 1923 43.5 200,000 1924 46 500,000 1925 25 100,000 1926 25 100,000 1927 25 100,000 1928 25 100,000 1929 24 100,000 1930 25 100,000 1931 25 100,000 1932 63 1,000,000 1933 63 1,000,000 1934 63 1,000,000 1935 63 1,000,000 1936 79 5,000,000 1937 79 5,000,000 1938 79 5,000,000 1939 79 5,000,000 1940 81.1 5,000,000 1941 81 5,000,000 1942 88 200,000 1943 88 200,000 1944 94 <2> 200,000 1945 94 <2> 200,000 1946 86.45 <3> 200,000 1947 86.45 <3> 200,000 1948 82.13 <4> 400,000 1949 82.13 <4> 400,000 1950 84.36 400,000 1951 91 <5> 400,000 1952 92 <6> 400,000 1953 92 <6> 400,000 1954 91 <7> 400,000 1955 91 <7> 400,000 1956 91 <7> 400,000 1957 91 <7> 400,000 1958 91 <7> 400,000 1959 91 <7> 400,000 1960 91 <7> 400,000 1961 91 <7> 400,000 1962 91 <7> 400,000 1963 91 <7> 400,000 1964 77 400,000 1965 70 200,000 1966 70 200,000 1967 70 200,000 1968 75.25 200,000 1969 77 200,000 1970 71.75 200,000 1971 70 60 200,000 1972 70 50 200,000 1973 70 50 200,000 1974 70 50 200,000 1975 70 50 200,000 1976 70 50 200,000 1977 70 50 203,200 1978 70 50 203,200 1979 70 50 215,400 1980 70 50 215,400 1981 69.125 50 215,400 1982 50 85,600 1983 50 109,400 1984 50 162,400 1985 50 169,020 1986 50 175,250 1987 38.5 90,000 1988 28 <8> 29,750 <8> 1989 28 <8> 30,950 <8> 1990 28 <8> 32,450 <8> 1991 31 82,150 1992 31 86,500 1993 39.6 89,150 1994 39.6 250,000 1995 39.6 256,500 1996 39.6 263,750 1997 39.6 271,050 1998 39.6 278,450 1999 39.6 283,150 2000 39.6 288,350 2001 39.1 297,350 2002 38.6 307,050 2003 35 311,950 Graph This graph is a plot of year (first column in the table) against the corresponding top marginal rate (second column in the table) (in blue). Where the top marginal rate on earned income differs (1971--1981), it is also plotted (in red). Comments For a more detailed discussion, see the references below. Note that
53 posted on
05/18/2005 1:06:46 PM PDT by
jec41
(Screaming Eagle)
To: poobear
Don't forget kiddies, your employer has to match everything you pay to the government.
One guess where your employer gets those funds...
Time's up - from your salary.
75 posted on
05/18/2005 4:58:08 PM PDT by
clyde asbury
(They’re seein’ through the promises, and all the lies they dare to tell.)
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