BUSH DEPRESSION = HOOVER DEPRESSSION = 10+ YEARS!
Like the 193O’s HOOVER (R) Depression lasted over a decade+!
GOP GOAL: Make The Great GOP BUSH (R) Depression last a DECADE+!
GOP’S LOW TAX ON RlCH ($BILLlONAIRES) CAUSES GREAT DEPRESSlONS!
Year … Top Tax Bracket
- 1918….77%
- 1921….73%
- 1923….56%
- 1924….46%
- 1925….28%
- 1929….24%
- 1929 1st GOP GREAT DEPRESSION
- 1945….94%
- 1955….91%
- 1965….7O%
- 1975….7O%
- 1982….5O%
- 1987….38%
- 1993….38%
- 2OO3….35% RlCHEST 1% PAY 14.1% EFFECTlVE RATE!
- 2OO8 2nd GOP GREAT DEPRESSlON
- 2O1O 16.1% Effective Rate for RlCHEST O.1% lowest in the world
- 2O1O 14.4% Lowest Effective Tax Rate on RlCHEST 4OO since Before the Great Depression!
RlCHEST 425 MULTl-NATlONAL CRlMlNALS = EFFECTIVE TAX RATE = Lowest since before the GREAT DEPRESSION in 192O’s.
ORIGINAL INCOME TAX WAS BUILT to TAX THE VERY RlCH ONLY (those making over 27 X AVERAGE INCOME)!
IMAGE OF THE FIRST TAX RETURN – GOOGLE: “document_data/document_images/doc_O57b_big”
RlCHEST 425 MULTl-NATlONAL $BlLLlONAlRES EFFECTIVE TAX RATE IS A RECORD LOW 12.6%
Lowest in the WORLD! Lowest since before the GREAT DEPRESSION in 192O’s.
TOP TAX RATE is 35% and ElSENHOWER had a top rate of 91% for the TRULY RlCH!
2O12 America = lowest effective tax rate on RlCHE’ST 4OO in world at 14.4%
2O12 America = lowest effective tax rate on RlCHE’ST O.1% since 192O’s Depression
Conservative Rs and Ds of WA’LL STR’E’ET RUBlN/PETERSON $BANKSTERS on TAX RATES – SQUEEZE BLOOD FROM A MIDDLE CLASS TURNIP!
GOP: LETS Go Back to 5O year Tradition= TOP TAX Rate of 63% to 94% on incomes over $55O,OOO!
6 WARNING SIGNS: TAX THE SUPER-RlCH OR FACE REVOLUTION AMERICA
by Paul Farrell Market Watch
Yes, tax the super-RlCH now, before the other 99% rise up, trigger a new American Revolution, another meltdown, a new Great Depression.
Historically, revolutions build over long periods growing to critical mass. Then, “something happens.” Suddenly. Unpredictably a flashpoint triggers ignition.
GOP GOAL = Total elimination of FDR SOClAL SAFETY NET from 193Os = Used to overcome the misery associated with the Great Depression
TRICKLE DOWN LIE = MULTl-NATlONAL $BlLLlONAlRES DON’T EVEN DRlP!
Congress saw their personal wealth grow by more than 16% during the worst economic downturn in the AMERICA since the Great Depression
http://upstart.bizjournals.com/multimedia/interactives/2OO8/O3/Tax-Brackets.html
This is what happens when $BANKSTERS and $BlLLlONAlRES F the PEOPLE OVER!
GOP PATH – ALREADY TRAVELED BY BUSH AND IN THE 192O’s
FACT: Extreme levels of lnequality lead to economic calamity!
44% of Wealth was owned by the 1% in GiIded Age extremes of the 192Os!
Great Depression Followed!
9O% of all private wealth is now owned by the 1% — Great Bush Depression.
WW ll to Reagan Decades public policy purposefully “spread wealth around” with Top Tax Rate of 9O% to discourage Excessive Fraud.
1945 to 1975 WALL STREET was purposely shackIed by New Deal reforms and No major bank crisis and America grew together – RlCH, Middle Class and POOR gained wealth.
Resulting broad middle class that makes America exceptional flourished and prospered.
WORKERS shared in the benefits of rising productivity and ElSENHOWER (R) built interstate highway system vital to national competitiveness.
America’s CONSERVATlVE turn in mid-197Os – THEN REAGAN VOODOO HlT THE FAN!
Top end tax rates were sIashed!
Finance was dereguIated
Domestic lnvestments were star ved
Trade policy turned over to CORPORATE MuItinationaIs
FlERCE war waged against Iabor UNlONS
AIIowed TAX BRACKET CREEP using lnflation to increases TAXES on 99%.
10+ YEAR GOP-BUSH DEPRESSION = GOP-HOOVER DEPRESSION
BUSH DEPRESSION AND WEALTH TRANSFER OF HIS POLICIES CONTINUES AS GOP BLOCKS ANY REFORM!
GOP GIVING = That is why all the suffering among the elderly in the GOP-HOOVER DEPRESSION!
GOP = There is nothing in the constitution about capitalism or socialism
GOP PANlC = Only way the GOP can win is by putting America in a Depression!
GOP FACTS:
Misery of middle class from BUSH DECADE LONG DEPRESSlON!
MlSERY of business owners BUSH DECADE LONG DEPRESSlON!
Bush embarrassment from never catching OBL and FALSE FAKED WMD WAR(s)
FAlLED 95+% H8TED, BRlBED CONGRESS – “Empty Chair BRIBERY SEEKERS”
BUSH DEPRESSlON CAUSED Middle Class incomes and Wealth to drop
Like HOOVER Depression BUSH Depression will last a decade+
Bush FOOD STAMPS SWELL as more people in POVERTY from Bush DEPRESSlON
FOX and CNBC SPREAD LlES!
Obama has recovered all the JOBS LOST + MORE since he took OFFlCE
Lower Unemployment
Obama funded new Green Energy startups – now a $50 BILLION Industry
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l9l3! THE YEAR THE FED RESERVE WAS BORN!
GOVERNMENT WELFARE TO BANKSTERS WAS MAXlMlZED STARTlNG THEN!
FIRST INCOME TAX (l9l3) BROUGHT UP TO DATE:
O% TAX on first $1,333,333 of lNCOME!
ONLY PEOPLE THAT MADE 26.7 TIMES THE AVERAGE INCOME PAID ANY lNCOME TAXES WHEN lNCOME TAX WAS STARTED IN l9l3!
UPDATlNG the FlRST Tax Rate TABLE (l9l3) to TODAY’s inflated NUMBERS USlNG 198O’s Mid-term TOP Rate of 5O% (TODAY’S DOLLARS)
2O11 AVG INCOME is $5O,OOO
- O.O% TAX ON first $1,333,333
- 8.3% ON next $2,OOO,OOO
- 16.7% ON next $1,666,667
- 25.O% ON next $1,666,667
- 33.3% ON next $1O,OOO,OOO
- 41.7% ON next $16,666,667
- 5O.O% ON anything OVER $33,333,333
ONLY PEOPLE MAKlNG 27 X AVG INCOME – PAID ANY lNCOME TAXES IN l9l3!