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Politics : The Castle -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (2156)10/13/2003 1:22:44 PM
From: TimF  Read Replies (1) | Respond to of 7936
 
the top 10% in this country control the vast majority of our assets. Its a shameful statistic.

Why?

"True but its the biggest one."

No, it isn't. Nearly a third of the deficit next year is due to Bush's spending in Iraq.


"Nearly a third" means less then a third. Also the budget has swung from a surplus to a deficit. "Nearly a third" of the deficit amount is most certainly less then a third of the total swing.

I never thought I would post this statement but the American rich need to pay more.........they are getting off too easily

They are paying almost all the tax burden, and thats a burden that is much higher then it has been throughout most of our history. How much would it take for them to not be "getting off to easily"?

I need look no further than the Hilton legacy, Nicky and Paris, or the Bush daughters to know that they don't deserve to have so much money. They are an abomination/parasites on the land.

Don't hold back. Tell us what you really think about them...

There should be a cap on inherited $$$ with the rest going into the national treasury.

Not only is the idea that the money should be the governments to take for any reason it thinks worthwhile objectionable even vile, there is also the simple fact that such a cap will not do anything in the cases you mention. Unless the cap is so low as to be truly confiscatory, you will still have indolent or wild and partying rich young people who never earned any money themselves.

Tim



To: tejek who wrote (2156)10/13/2003 2:27:05 PM
From: Original Mad Dog  Read Replies (1) | Respond to of 7936
 
the American rich need to pay more.........they are getting off too easily.

Question for you: What percentage of U.S. federal income tax receipts come from those below the median income (that is, the bottom 50 percent of the income ladder)? Go ahead, take a guess.