You mean liberals like Eisenhower and Reagan?
Ike taxed the wealthy at 90%.
Reagan taxed them at 50%.
Obama taxes them at 35%.
Under Obama, taxes have hit a 30-year LOW, in part because of tax cuts enacted by the stimulus package. Average tax rates are lower than they were under Reagan, Bush 41, Bill Clinton, and Bush 43. Averaged for all households, all federal taxes 2009: 17.4%. Income taxes 2009: 7.2%.
Source: Congressional Budget Office/Washington Post
Reagan and both Bushes raised my taxes.
Clinton and Obama lowered my taxes.
President Obama has cut taxes on small businesses 17 times (each is named here)
Taxes are lower for middle class today than when President Obama took office
Obama gave 95% of Americans the biggest tax cuts in history.
Historical fact is the more you tax rich people, the more they reinvest their profits in their businesses to keep them from being taxed, hiring more people and buying more stuff that means others have to hire more people.
· 7 years ago