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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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To: gerard mangiardi who wrote (49366)6/8/2005 9:58:11 PM
From: Wayners  Read Replies (1) of 173976
 
Lets say you tax the crap out of the rich and 100% equally distribute the Gross Domestic Product of the entire United States to each person that lives here, each person only would get $41,000 a year. That is all. In reality what would happen is for $41,000 a year, every single business owner would close his business because their hard work they put in over their lives isn't worth it to them for $41,000 a year. So they fire everybody and go home and do nothing or retire. Before long, half the country is unemployed and GDP is now half of what it used to be. Now distributing the wealth again at the end of the next year, now everybody is getting distributed $20,000 a year. This is the socialist system. It is no utopia.
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