Err, *hated* commies. Bloody auto-complete.

the top federal tax rate in 63 was 91%

is there a republican candiate atm that would support a top tax rate of 91%?

I'm amazed Yasmin hasn't been given a length of rope already... must be that her neo-Marxism suits the establishment just fine.
Or as she should be known - Yasmin "I want to see the end of white people" Alibhai-Brown

Brendan himself is Trotsky and he's the right-wing edgy boi

he's also rich and posh 😄

There are no working class people at Sky News... well, apart from the cleaners

no doubt

I bet the cleaners end up getting worse than minimum wage - get them to do 6 hours work, but tell them they should've managed to do it in 4 hours, so get docked 2 hours wages... at least that's a very typical ploy of cleaning agencies these days

https://screenshots.firefox.com/IN3bHoiMVRXItG6O/www.facebook.com

@Tero

Yeah it was reduced by the tax act put in by Kennedy and passed in '64.

reduced down to 77% then 70%

very low rates

Yeah 20% is a decent drop. Do you mean it's not perfect? Ok but it's a large decrease. Better because revenue went up it served as a proof of Laffer that created an argument for future reductions.

I mean "cut taxes and kill commies" works for me. Not gonna lie it gives me a freedom boner.

even though 70% is the kind of tax rate present day americans laugh at scandinavian countries for having to pay

Rather that you got to keep three times as much as the previous rate. It's not like the president can just get anything they want mate. It's a larger tax cut than any other president pulled off since. You seem to be upset that the man was not magic. Well no. We will not get a magic president.

Today I was told that coop's and credit unions are examples of socialism in action. SMH... By that logic publicly traded companies are socialism too

Wait.i think Reagan might have. So like Kennedy and Reagan are the presidents that accomplished large reductions in tax rates.

>By that logic publicly traded companies are socialism too
how does this comparison hold..?

A credit union proportionally pays out dividends. As does a publicly traded corporation.

a co-op might do the same

obviously the speaker doesn't consider dividends as antithetical to socialism

Indeed, all of the above are various forms of capitalism.

no i think the socialist would disagree, in that in the co-op and the credit union, there is no capitalist investing his capital in an enterprise for the extraction of (unearned) profits from the work of its employees

admittedly i'm no socialist, but i think that's probably along the lines of their dispute of the similarity

https://twitter.com/brexitparty_uk/status/1120658994543177728

https://www.nytimes.com/2019/04/20/us/politics/democrats-2020-white-male.html

A Labour Movement person with balls

guess what, it's a woman

https://www.youtube.com/watch?v=SugtVRbjWNU

5 seconds in and i'm wondering.. is jimmy dore a jew?

`a Catholic family of Polish and Irish descent`
not even close 😦

Catholics <:sargoy:382978736053551104>

maybe it's the polish

He seems more Irish

but he's West Coast so he's ded inside

@Broo TulsiGang 2024 🇬🇧 🇺🇸 South African actually, so faaaaaar from a yank

I've met a few South Africans. None of them will admit SA is a shit hole.

Politically, institutionally, absolutely

Oh as a natural beauty ofcourse