fivebyfive

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About fivebyfive

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    Michigan

Snowmobile

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    Silverado on skis
  1. https://fred.stlouisfed.org/series/FYFRGDA188S The fact is that the time period during which we had the 90% plus marginal rates, the effective rates were much closer to what they are now. And the tax collections as a percentage of GDP are actually equal to or greater now, versus then. Consider this. Who benefits most from a higher marginal rate? Ironically I think it's the very people who would ostensibly be the target of those tax rates. The ultra rich simply hire an army of tax lawyers and CPA's to shelter their tax burden, while those of lesser means have no such ability. And if the ultra wealthy can't shelter enough of their income to satisfy their objective, they will simply move their wealth and/or businesses offshore. So in the end, who really pays more taxes in that scenario? I think it's worth thinking about.
  2. https://taxfoundation.org/taxes-rich-1950-not-high/
  3. fivebyfive

    But Moto has the tapes

    https://www.nytimes.com/2018/10/04/arts/academic-journals-hoax.html
  4. Hey OT. Good to hear from you. Sorry it was under these circumstances.
  5. What a shock. R.I.P. Rob. Wow. We are all getting older. Father time wins in the end.
  6. fivebyfive

    Congrats....

    Thanks. Glad to be here. I've missed you disfunctional fucks....
  7. fivebyfive

    Congrats....

    I'll definately try. But I'll never be able to compete with SR, the self proclaimed smartest guy on the forum....
  8. fivebyfive

    Congrats....

    You make a good point.
  9. fivebyfive

    Congrats....

    Busy as shit. I need more time in the day.
  10. fivebyfive

    Congrats....

    I don't post often, but having read most of your posts I must say I don't believe you are for real. No fucking way. You are a robotroll. Probably created and deployed by the Clinton campaign machine. I'm convinced.