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Politics : Formerly About Advanced Micro Devices

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jlallen
To: koan who wrote (786781)5/29/2014 7:03:26 PM
From: i-node1 Recommendation  Read Replies (2) of 1573928
 
>> Collect the taxes the rich should be paying and we can balance our budget.

That is factually inaccurate.

You could confiscate every nickel of wealth "the rich" have today and you could NOT balance the budget when you take into account the accruals that should be being made for unfunded obligations. You couldn't even TOUCH it. And you sure as hell can't do it with tax rates that don't kill any opportunity for economic growth. You've created a situation that is totally untenable.

This is the problem: You guys are total idiots and you just have no idea what you're talking about.
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