Quote:
Originally Posted by Robbie
I just saw stats that said if the govt. just outright TOOK 100% of the top 1% of people in the U.S. it would add up to around 1.293 TRILLION dollars. Still short of even paying for THIS years deficit spending...much less the huge debt
40% of us pay 85% of all taxes already.
I don't think Bush allowing us to keep a little more of our own money is the problem. Yeah, politicians eager to spend your money would like you to think that.
The problem is how much the federal govt. keeps SPENDING.
People like to say: "Bush gave tax cuts and increased spending" That's true. He should NEVER have increased spending and we should never have invaded and occupied Iraq and Afghanistan (why are we still there?)
But this President is even worse. He knows we are 16 trillion in debt. And yet the federal govt. is spending billions of dollars every day (4 billion of it is DEFICIT spending every day)
I'd like to keep my money. Maybe use it to put my kids through college or take a nice vacation. Or even just bury it in the backyard. It's MY money.
But the feds don't see it that way. They see it as THEIR money to waste and spend invading other countries and/or fighting a "drug war". Or how about investigating Roger Clemens for doing steroids?
It's goddamn ridiculous.
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Or god forbid you actually reinvest in employees, equipment, technology, and truly stimulate the economy in a natural and effective way! That wouldnt make sense!