by MrBill » Mon 09 Jun 2008, 04:48:09
$this->bbcode_second_pass_quote('Starvid', 'S')o what?
The American people has been looted by the superrich for the last 30 years. That's the big financing issue, not expensive oil. Just take the money back from the top 0,1 % and you can finance any number of anythings.
The lowest 25-percentile pay almost no taxes net of payments they receive from the government. The bottom 50-percentile hardly pay any taxes net other than sales taxes. The next 25-percentile certainly pays its fair share of all taxes. But it is the top 25-percentile that pay the most taxes, while receiving the smallest benefit in terms of services or payments from the government in return.
The latest data I saw (from the UK) was that the top one percent pay 22-percent of all taxes. You can fleece the top 0.1% once, but it will not make the kind of differences you claim. But good luck trying to tax them a second time. They will be gone and so will their capital. Never mind that it is their savings that finance government borrowing in the first place.
The reality is not only are the great masses unwashed, but they are ungrateful too! ; - ))
The organized state is a wonderful invention whereby everyone can live at someone else's expense.