Off-Topic: marginal tax rates
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I guess what you don't understand is that the $250,000 and up, is mostly made up of the small businesses in this country. This taxation would basically shut the doors of these businesses. My business would lay off 22 people. These 22 people will be on government assistance and the unemployment list. I am just 1 business. This could mean your job! I guess you should go back and read your history book. This happened once in 1881 and Reformers came in. They tried to promote socialism and Progressivism. They wanted the government to own the industries and businesses and run them for the people. Sound familiar? The other was the Progressive government that wanted to regulate business. Sound familiar? The people were in an rage over the corruption in the government with kick backs, bribes , cheating etc. This is when the government had to make changes to protect the American people. The President was assassinated four months after the election. This was James A. Garfield . He was assassinated by an unsuccessful insurance sales man who was mad at the political system and how it failed him.
You should check out www.factcheck.org to know the truths that have not been told.
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