Schiff is using records to prove that practically NOBODY made enough money in the 50’s to fall into the 91% tax rate. He also goes on to prove that practically nobody paid the other upper tax rates. Also, the lower income earners ALL paid taxes unlike today where many people pay ZERO taxes.
This is information that MUST get out there in order to win these tax arguments.
Also, the lower income earners ALL paid taxes unlike today where many people pay ZERO taxes.
= = = = = = = = = = = = = = = = = = = = = =
Not only that, but today most all (lower income earners) receive a LARGE refund check.
On the ‘daytime Judge shows’, most unpaid loans (where the downtrodden concerned) were made because the receiver was going to pay back with his tax refund and/or that 30 something waiting for his/her ‘college’ money.
Granted in some case the ‘govt’ will intercept tax refunds to repay some old debt but that is kind of like switching money from one pocket to the other and claiming you either gained or lost (dependent on what you are trying to accomplish).
I love it when the ‘big lottery’ winners start crying when Unca Sugah says ‘HOLD ON’ that 3 trazillion lottery winner will not be paid till A. we get our ‘share’(?) and B. you pay off all this back welfare and refund some of the freebies you have been receiving...
THAT is when the ‘pig squeals’
It's MUCH worse than that! They get a "refund" of money they did not even pay in!