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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?


To: Father Terrence who wrote (64921)5/9/2006 8:54:22 PM
From: American Spirit  Read Replies (1) | Respond to of 173976
 
That's BS. No way Americans pay anywhere near 65% in taxes. You ruin your credibility when you post stuff like that.
In fact we have some of the lowest taxes in the developed world.

Clinton balanced the budgets and created surpluses starting in about 1997. Reagan GHW Bush and Clinton all had to raise taxes in order to pay off the enormous deficits created by Reagan's defense spending the S+L debacle. But now the situation is much worse.

We can look forward to higher taxes for decades now, unless we scrap part of Social Security and thereby cheat all the working people who've put money into it. Also a big crisis are corporate pensions. Talk about squandering the peoples' money. Many big corps have already spent their workers' pension funds. And it's gotten a lot worse since 20001 when Bush took over.