"bpuharic" wrote in message
...
americans think, wrongly, that the upper 20% of americans have 60% of
the coutnry's weath. the REAL figure is 85%.

http://www.good.is/post/americans-ar...ign=o utbrain

so what are they going to do?

send to congress the GOP who thinks this 20% should be given a massive
tax cut.

makes sense, huh?

How about government cutting spending? You take $100 billion from the
richest, or you take $100 billion with a VAT tax from all. You still take
$100 billion out of the economy. There is $100 billion less to invest,
there is $100 billion less to spend by the money earners. Yes, the tax rate
for all is too low. 46% of the people do not pay any federal INCOME tax.
They are receiving services but not paying anything. In early 1950's the
total family tax burden for all taxes was about 22%. Now the average for
all, even including those 46% who pay no Federal INCOME taxes is closer to
44%. Something is clearly wrong in Washington DC and in the state capitals.
Due to government caused inflation, the poverty level is about $24,000. 30
years ago, that was an experienced, degreed engineers salary. We have
priced ourselves out of the world manufacturing market. Sure we export
stuff. But those things are mostly food and airplanes and medicine. No car
exports, few machine tool exports. Some software, but little manufactured
stuff. The only way we are going to recover is cut entitlements and
frivolous spending. Cut the NEA, cut the bureaucracy that is taking 30% of
the education dollar at the Federal level before they send it back to the
states, plus with lots if strings attached. Cut the budgets of all the
departments at least 25%. You can find at least that much bloat with hardly
looking. Bob, take 90% of the money all those whose family's are making
$200k. I do not make that anymore, but I bet you cry unfair when an
Engineer with an attorney wife get taxed 90%. sorry, you asked for the rich
to be taxed.