because those taxes were fictitious?
In 1981 the top tax rate was 70%, and kicked in at $108,300 for individuals and $215,400 for couples. That's hardly "fictitious". We also cut capital gains taxes, which pretty much only apply to the wealthy, which is why Mitt Romney with a net worth of a quarter billion dollars paid a lower tax rate than his secretary. That's not "fictitious".
Under Reagan the overall tax burden (all taxes paid by all Americans, divided all income of all Americans) ranged between 29.2% and 31.1%. In 2010 the overall tax burden was about 26.9%. So overall taxes are down, taxes on the wealthy are WAY down, and taxes on the poor and middle class are up.
For the last thirty years we have been shifting taxes off of the rich and onto the poor and middle class. That's Wealth Redistribution. Government tax changes over the last 30 years is exactly why the rich have been getting richer while the poor and middle class have been getting poorer, and the economy has stagnated. A strong middle class is the core driver of the economy.... the middle class 200+ million majority having money to spend is what drives the economy. And the middle class has been systematically decimated under delusional Trickledown-Economics Wealth Redistribution.
Most liberal/progressives want very high taxes
WTF delusional "very high taxes"? In 1981 we had a top rate of 70%.... and now we have ignorant idiots are screaming that a 30-odd percent top tax rate is "socialism" and "wealth redistribution". Well, they're half right, 30-odd percent *is* wealth redistribution, from the poor and middle class to the wealthy. It's ludicrous to call 30-odd percent or even 40-odd percent to be "very high taxes" when we had 70% top rate while Saint Reagan was president.
Most liberal/progressives want very high taxes on the other guy.
Google "raise my taxes".
Google says About 830,000 results.
Results for page 1&2:
Raise My Taxes, Please! - James Kwak - The Atlantic
Google Millionaire Tells Obama: 'Raise My Taxes, Please ...
Please Raise My Taxes Says This Millionaire - CNBC.com
'Raise my taxes,' town hall attendee tells Obama - Los Angeles Times
Wealthy Man Asks Obama 'Please Raise My Taxes' - ABC News
Question to Obama: "Would you please raise my taxes?" - CBS News
'Would you please raise my taxes?' | Nealz Nuze | www.wsbradio.com
Former Googler Asks Obama: Please Raise My Taxes! - Forbes
Buffett: I beg you to raise my taxes - Politico Staff - POLITICO.com
Raise My Taxes, Mr. President! - The Daily Beast
Daily Kos: So, I voted to raise my taxes * photo diary *
Rich man to Obama: 'Please raise my taxes' - USA Today
'Raise My Taxes,' Town-Hall Participant Tells Obama -- VIDEO ...
Dow Chemical chief: Raise my taxes too - Nov. 18, 2011 - CNN Money
Warren Buffett: Please, Raise My Taxes : The Two-Way : NPR
Audience Member Asks Obama: 'Would You Please Raise My Taxes ...
Tell President Obama: Don't Raise My Taxes | Heritage Action for ...
15000 Illinois Protesters Chant "Raise My Taxes" - Mish's Global ...
Jay-Z says President Obama can raise taxes as Congress debates ...
A millionaire for higher taxes - Washington Post
Else why would all the wealthy people who are in congress ever pass taxes like that?
Ummmm..... how about because their job is to help the nation, help the economy, benefit the American people?
Oh, I'm sorry, I'm living in a fantasy land where politicians make some attempt to do their jobs and strengthen the country. Better than living in some fantasy land where cutting total taxes and cutting the top rate from 70% to 30-odd percent is "very high taxes", and where ideology is more important than economic reality, where ideology is more important than deficit and the debt, where ideology is more important than middle class majority American households struggling to pay their bills. Because somehow lowering the top tax rate, and shifting the tax burden and debt burden off off billionaires and onto the poor and middle class will magically cause money to rain down from billionaire-heaven onto everyone else. It's an exact mirror image of the blind faith ideology of Marxist Utopia. Massively shifting the tax burden off of the rich has been tried over the last thirty years, and it has proven to be a failure. It's been a massive government wealth redistribution program, robbing the poor and decimating the middle class to turn a few millionaires into billionaires.
Cutting the top tax rate from 70 percent to 30-odd percent has been a government Welfare handout to billionaires.