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Garion_55

(1,915 posts)
Thu Apr 1, 2021, 05:28 PM Apr 2021

Shutting down the 'Kennedy would be a conservative' claims in 1 post

I see right wingers occasionally attempting to claim that Kennedy would have been a conservative based on the fact he wanted lower tax rates.

My response is always 'really? Find me a conservative who supports these tax rates…'


In January 1963, Kennedy presented Congress with a tax proposal that would reduce the top marginal tax rate from 91 percent to 65 percent, and lower the corporate tax rate from 52 percent to 47 percent



And I usually end with 'Hey if you guys want to support a 65% tax rate Bring it on!!!'

6 replies = new reply since forum marked as read
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Shutting down the 'Kennedy would be a conservative' claims in 1 post (Original Post) Garion_55 Apr 2021 OP
Also, Closed LOTS of Loopholes ProfessorGAC Apr 2021 #1
Bingo! rurallib Apr 2021 #2
Nixon would be a liberal however. cinematicdiversions Apr 2021 #3
Well worth remembering. calimary Apr 2021 #4
Biden's infrastructure bill raises the top rate to an astounding 28%! patphil Apr 2021 #5
It's an absurd argument. BobTheSubgenius Apr 2021 #6

ProfessorGAC

(65,081 posts)
1. Also, Closed LOTS of Loopholes
Thu Apr 1, 2021, 05:33 PM
Apr 2021

When those rates hit, a much higher % of taxpayers actually paid part of their income at the highest rate.
It definitely was not designed to REDUCE revenues, like the "drown it in a bathtub" morons want.

 

cinematicdiversions

(1,969 posts)
3. Nixon would be a liberal however.
Thu Apr 1, 2021, 06:13 PM
Apr 2021

Seriously Universal health care... Minimum income payments... he is to the left of any current Democratic administration.

patphil

(6,185 posts)
5. Biden's infrastructure bill raises the top rate to an astounding 28%!
Thu Apr 1, 2021, 07:41 PM
Apr 2021

If Kennedy was conservative at 65%, then Biden would have to be considered a super right wing lunatic at 28%.

But he's just trying to begin to fix what the real super right wing lunatics, Trump and McConnell, did to set the rate at 23% in December of 2017.

BobTheSubgenius

(11,564 posts)
6. It's an absurd argument.
Thu Apr 1, 2021, 08:26 PM
Apr 2021

It's much more true that either Goldwater or Nixon would be primaried today for being too liberal. George Wallace would be welcomed with open arms by today's GOP.

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