It has been like this for generations. Liberals have been committed to inventing, creating, and implementing change and conservatives fighting them on every step of the way as a party of the status quo. The soul of liberalism is embedded in hope that through organized change we can offer our children a better world. Conservatism on the other hand is triggered by only fear to maintain the world as it is today so our children do not have to live in the world that may be worse than what we already have.
Talk to a conservative, he will tell you how amazing the world was in his grandparents’ time. Speak to a liberal, he will tell you how far we have come now that women can vote, gays can get married, and that interracial marriages are legalized. Conservatives long for yesterday, liberals believe that yesterday is over but the future is their’s to change.
This is where the tax battle comes into play. For years conservatives have longed to go back to the times of their greatest heroes to escape tax-and-spend liberals like Obama and Clinton. Republicans want to bring back the times of Herbert Hoover, Dwight Eisenhower, Ronald Reagan, and Richard Nixon.
Conservatives have been brainwashed from a generation to another, and I specifically use the term brainwashed because in the age of Wikipedia, Google,and smart-phones no other justification can be provided to defend such a blatant ignorance and resistance to the truth of taxes.
The truth is that President Obama is proposing to raise top earner income tax by 5.6% to a total of 30%. Herbert Hoover, a legendary republican raised it from 24% to 63%. Eisenhower fought democrats to keep the top tax rate of 90%. Richard Nixon raised capital gain’s tax from 25% to 35%. Finally, the soul of conservatism, Ronald Reagan wanted capital gains taxed like ordinary income and rallied across country fighting a battle to raise taxes on the wealthiest. In his landmark speech he made it a case for “fair taxation” and asked that we all pay our “fair share”. Sound’s familiar? Yes, looks like Obama has blatantly plagiarized Ronald Reagan’s tax plan. Now that we have established two things, one, that GOP has had a legacy of raising and maintaining some of the highest taxes in the history and that Obama’s tax proposal is inspired by Reagan, lets bust another myth.
Fact: We are currently living in the time of the lowest taxes in 60 years. Current tax rates are lower than those offered by Ronald Reagan, Bush I, or Bush II.
These low tax rates are brought to you by no one but Obama. While GOP has fought to extend Bush era tax cuts, in 2010 Democratic house and senate passed a bill to lower taxes on the middle class strictly without any GOP support. The point that I am trying to make is not that GOP taxes and Democrats do not. The point is much simpler. The argument that liberals tax more than conservatives is a myth. Refer to this table for tax-change years under GOP Presidents compared to Obama.
|Year||To Tax Rate||President||Party|
*Rate effected by the effective tax cuts.
Now that we busted the myth of high taxing liberals, lets highlight something else. We took did data for the modern era, last 80 years. It just so happens that during that time frame, liberal Presidents created 76MM jobs as compared to a mere 34MM by GOP Presidents.
Even now, that Obamacare is a tax, at 0.49% it is one of the smallest tax increases in the US history.
Finally, while we are at the myth shattering spree, please for the last time, wake-up and realize the truth the Obamacare is not a government takeover. There is no government offered insurance at all. There was never one, there is not one being offered, and there will not be one. Obamacare relies solely on private industry insurance.
If you walk away from this still thinking that Herbert Hoover, Dwight Eisenhower, Ronald Reagan, or Richard Nixon were better for taxes, there is something drastically wrong with your ability to accept facts.
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