Republican Presidents for "redistribution of wealth"

"I believe in a graduated income tax on big fortunes, and in another tax which is far more easily collected and far more effective: a graduated inheritance tax increasing rapidly with the size of the estate.
- Theodore Roosevelt

Every dollar spent by the government must be paid for either by taxes or by more borrowing with greater debt. The only way to make more tax cuts now is to have bigger and bigger deficits and to borrow more and more money. Either we or our children will have to bear the burden of this debt. This is one kind of chicken that always comes home to roost. An unwise tax cutter, my fellow citizens, is no real friend of the taxpayer."
- Dwight D. Eisenhower

In 1986, Reagan signed legislation greatly increasing the earned income tax credit, a credit for low-income workers that reduces the impact of payroll taxes in order to boost take-home pay above poverty levels. When the credit is more than the amount of federal income taxes owed by an individual, that person receives a tax refund.

It's the best anti-poverty, the best pro-family, the best job creation measure to come out of Congress.
- Ronald Reagan

Category:

News & Politics

Tags:

• McCain
• Palin
• Obama
• 2008
• Election
• Eisenhower
• Reagan
• Roosevelt
• socialist
• redistribution

[Kazzzo]

What did Sarah Palin do with all the oil tax money her state received?

She gave it to Alaskans - she redistributed the wealth.

[cobrafarmer]

In 1955, under GOP President Eisenhower & GOP congress, the top 400 incomes averaged $12M (calculated in 2005 dollars). Those incomes paid an actual average tax of 51%.

In 2005, the top 400 salaries averaged $262M and paid an actual average tax of 17%

Eisenhower wisely tied school funding to national security and supported a graduated income tax. If you wonder what's happened to US public schools since 1980, look first to the Reagan-Bush tax policy—welfare to US millionaires.

[UncleMikeNJ]

@butchblancq A flat tax will devastate the poor and middle class. Depression on steroids. Hell no!

[butchblancq]

"Rich people " people never pay taxes. Even with " loopholes " what's left is paid by the consumer.

Do you honestly believe they'll " eat " a sudden 20% additional cost of doing business?

Do-do flows downhill and you'll find this to be so next time you buy a TV if taxes are raised. A flat tax is the only way to fairly raise revenue, closing most all loopholes.

[CI9TK]

@GutpileCharlie Yeah, I heard about you. There have been a lot of girls and boys complaining that you can't keep your hands to yourself.

[CI9TK]

@GutpileCharlie

hey Music man, I'll bet you felt up a lot of students in your classes. Ever get any you didn't have to pay for?

[CI9TK]

@CI9TK Oh, why don't you tell us ALL of your heroism, your strident desire to protect this country from enemies both foreign and domestic. You just LOVE a Country "Of, By and For the People".

Wait, I have that wrong? It's CORPORATIONS and MONEY that are YOUR salvation? Clinton "didn't do enough to stop 9/11" but Bush was "unaware"? Impossible.

Bush was told EVERYTHING the CIA had told Clinton. You are a filthy coward and you'll die a pathetic scumbag choking on your own disappointment.

[GutpileCharlie]

@CI9TK I ;just got one post up and kept thinking what an unrepentant, unmitigated, miserable, repugnant, repulsive excuse for a human being you really are?

How did you get so totally fucked up? What the hell was the turning point in your life. Where you just born a pathetic moron?

I don't know where you are from, but you are the foulest piece of excrement I've run into in a long time. You just go out of your way to be a shit bag/

There is a place in hell for filthy excrement like you.

[GutpileCharlie]

@CI9TK Hey you little disgusting piece of shit.....what the hell are you talking about? Your post is the raving of a little, pimply faced, lives in his mother's basement, poser with an I.Q. less than room temperature.

What the hell is the matter with you? You have got your head so far up your ass you need to buy a chance on a tractor to pull it out.

"Coward"? Also, I don't think I've discuss J.S. Bach, hats or cowboys.

You need your attitude adjusted you miserable little piece of shit.