Posted on 06/14/2017 1:17:30 PM PDT by Red Badger
James Hodgkinson, the Belleville man accused of shooting congressmen and aides during practice for a ...baseball game Wednesday, has written a number of letters to the editor of the Belleville News-Democrat.
[snip]
Following are the letters:
Sept. 12, 2012 The path out of our deficit
The best book Ive read in a while is Aftershock by Robert B. Reich. He explains that the lowering of taxes on the richest Americans was a major cause of the Great Depression. He also states that it is a major cause of the Great Recession, which started in 2007.
He states that the year before the stock market crash of 1929 and the Great Recession were both peaks of the incomes of the top 1 percent at more than 23 percent of the total income of the country. President Franklin D. Roosevelt and his Federal Reserve chairman, Marriner Eccles, brought us out of the Great Depression by raising taxes on the rich.
During the 1920s three Republican presidents lowered tax rates leading up to the Great Depression. In 1931 we had 23 tax brackets from 1.5 percent for incomes up to $59,000 adjusted for inflation (which covered more than half of total population) to 25 percent for income over $1,476,000.
In 1932 we had 55 tax brackets from 4 percent for incomes up to $65,500 up to the 42nd tax bracket of 50 percent, which was equal to the top income of the previous year. Then the added tax brackets kicked in. Fifty-one percent to 56 percent were brackets increasing by approximately 1 percent for every $40,000. Brackets 57 percent to 60 percent were for income increases of approximately $1 million. Brackets 61 percent to 63 percent were for income increases of approximately $4 million, topping out at 63 percent for income over $16,378,000......
(Excerpt) Read more at bnd.com ...
James Hodgkinson of Belleville protests outside of the United States Post Office in Downtown Belleville in this file photo. Hodgkinson is part of the 99% team drawing attention to the disproportionate amount of money and political power the top 1 percent of Americans have acquired. Also protesting outside of the post office where members of the Communications Workers of America Local 4217 they were drawing attention to the low percentage of taxes paid by AT&T. Derik Holtmann Derik Holtmann/BND ====================================================================================================================
More of his crazy letters at the link..................
LIBERAL ASSASSIN
What about interest rates rising and money supply growth slowing?
After 8 years of Obama the Democrats and their followers have become Islam
For all of his numbers, he still couldn’t do math.
What Crazy Uncle Bernie was selling was impossible, mathematically.
Not that a liberal idiot like this clown would understand that, mind you.
Life sucks, and then, after shooting up a baseball practice, you die ...
Small wonder his business failed.
Capitalists do not hire socialists...
(Socialists DO hire capitalists, though).
Shooting unarmed people trapped in a ten foot high fenced area:
That’s a Democrat.
ROTFLOL!
Sucks to be an angry libtard. Hell swallows them all up.
Just your typical progressive Robin Hood theif.
Did you do that?.....................
Just your typical progressive MURDERING (ATTEMPTED) Robin Hood theif. (SIC)...........................
He’s a Marxist terrorist.
Why has no news organisation had the guts to call this what it is?
A Marxist with hatred of freedom in his heart committed himself to murdering a good man and lawmaker
I wonder if police have found a motive yet?.....................
El simpaticos...................
[I wonder if police have found a motive yet?.....................]
Probably “a botched robbery” or “Russia!”.
Life sucks when you’re a leftist Loser and then gets worse in the next life.
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