I was reading this article which makes reference to something I just had to look up.
Ahh, yes! The unlicensed monkey with the plunger telling me that a 3% increase in the marginal tax rate is somehow equivalent to collective ownership. Oh so amusing…
Graphic and text from SadlyNo
Obama’s proposed hike of the top marginal rate to 39.6 percent doesn’t represent the highest it’s ever been, not by a long shot. Joe the Plumber might be interested to learn that, in fact, when the top marginal rate was lots and lots higher, America did all sorts of cool shit, like win two world wars, invent the Internet and play golf on the Moon.
Now it may be that Joe the Plumber, John McCain and Sarah Palin don’t like kicking Nazi ass, cheap porn, and Tang. But real Americans do, even if they sometimes forget how we got to do and have those things. It took tax money to achieve the national greatness we all know and love. Conversely, when we stopped taxing rich people, lots of terrible crap happened
I’m worried about being taxed more under Obama, because I was planning on in the next couple years.