In a fitting topic for the income tax filing deadline, Tucker Carlson roasted a California politics professor on Tucker Carlson Tonight last evening for claiming wealthy Americans are not paying their “fair share” in income taxes.
Caroline Heldman, an assistant professor of politics at Occidental College in Los Angeles, argued for radically hiking taxes on taxpayers in the top one percent of income, those earning $470,000 and higher.
She based her argument in part on the fact that wealthy individuals paid as much as 90 percent in taxes during the presidencies of Dwight Eisenhower and John Kennedy.
Find out how Carlson countered her argument and revealed her for the socialist ideologue she is on the next page.
Go tucker
I thought tucker died in a wreck. Not. I don’t believe anything I read anymore. Mark Zuckerberg, you should pay more attention to f**e news. You’ll lose your audience.
If the government was going to tax me over 80%, I would tell them to F off and take my money elsewhere. These people simply don’t make sense. People that make that kind of money, make that kind of money because they earn it. Why should they be penalized because they are more successful. Even the rich liberals don’t pay and don’t want to pay that kind of high taxes. Practice what you peach is exactly right.
Ya she’s a bafoon
Of course it is not true that the wealthy paid 90%. While there was a 90% tax bracket, few actually paid that. Why? Dividends tax was substantially lower. And corporations paid their highly compensated employees in dividends, not salary.
Also, the world was not nearly as mobile then, The wealthy, that could, would simply move or incorporate themselves as an off shore company.
Lets not forget that when Ralph Nader ran for president he said he wanted a 100% death tax, regardless how young the surviving family members are, and a federal maximum wage in the form of a 100% tax bracket.
By her own words, she’s an ignoramus. She complains about tax loopholes and wants to raise the marginal tax rate. The “loopholes” eliminate the taxable income that would get taxed at the marginal rate. You can tax it at 100% and still nothing if the targeted income is, by law, not included in taxable income via exclusion, deduction or generated business loss. What kind of professor is she? Certainly not economics. Countries like Ireland dropped their corporate tax rate to draw in tech companies. At one time its top rate was 5% compared to the US’ 35% rate. They EU wasn’t happy either. Corporations were shifting lines of business and doing inversions to put their corporate head quarter in Ireland. The moral of the story is that if you tax the$#%&!@*out of the investors, they’ll take their businesses and the jobs that it creates to a tax friendly country. This happens within the US borders where a state will offer tax breaks to draw a manufacturer from another state. This isn’t about fairness. This is about realty.
go Tucker. I saw how well you did tonight with the law they want to pass in NY to get Trump to release his taxes. You think and they don’t. Keep it up.
She’s totally selfish and self centered! If she really cared about the poor (me!) she wouldn’t wait when I could use the money right away to buy a new Truck so I can look for a job, or at least a food kitchen that serves free meals!
I love Carlson. He’s a GREAT reporter.
If they’d quit taxing me so much, I might have something left to stimulate the economy with. Handing out free rides needs to stop. I can’t afford to support anymore people.