Add It Up: Taxes Avoided by the Rich Could Pay Off the Deficit

[midnight]

"Conservatives force the deficit issue, ignoring job creation, and insisting that tax increases on the rich wouldn't generate enough revenue to balance the budget. They're way off. But it takes a little arithmetic to put it all together. In the following analysis, data has been taken from a variety of sources, some of which may overlap or slightly disagree, but all of which lead to the conclusion that withheld revenue, not excessive spending, is the problem."

http://www.commondreams.org/view/2012/08/27

[Jackpine Radical]

1. Yes, but

if we would just pay a little more & give up Social Security & Medicare, we could relieve the rich of their entire tax burden & with any luck be able to kick in a few more subsidies for them like maybe an increase in the Oil Depletion Allowance & guaranteed bailouts when their stock market gambles go bad. Don't you think patriotism demands at least that from us?

[onehandle]

2. Amen, friend. If only we weren't so selfish.

After all, there are only 1% of them and 99% of us.

Together, we can save the rich.

We have the power!

[KansDem]

3. 99% to 1%

We have to maintain constant vigilance with regard to the "tyranny of the majority."

[sad sally]

6. Bet they'd even throw in a fairly used appliance box for those millions more who'd be forced to live

under an overpass - heck, they might even hand out surplus army blankets (not laced with anything, trust 'em) for those cold nights.

[kestrel91316]

4. Why on earth do we allow the 1% to enslave us????

We have the power to change this.

[midnight]

5. You are right... I think we have to be able to vote and then we have to be able to count

that vote to see change...