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On Sat, 29 Aug 2009 08:42:19 -0400, Tom Francis - SWSports
wrote: you know you are in trouble. "Taxes are going up and they're going up for a lot more people than those making more than $250,000. Why? Math. The numbers don't come close to working," Walker said." http://money.cnn.com/2009/08/27/news...ion=2009082713 That old Liberal bugaboo - math. Heh... Isn't math great? "For instance, the president's proposal to raise taxes only on high-income families would raise an additional $600 billion over 10 years, said Roberton Williams, a senior fellow at the nonpartisan Tax Policy Center. That's not a lot when the government is staring at a 10-year deficit of $9 trillion. A 10-year deficit of that magnitude means the debt held by the public -- the accumulation of all annual deficits over the decades -- would reach 82% of gross domestic product come 2019. That's double the 41% recorded in 2008." -- John H "The democracy will cease to exist when you take away from those who are willing to work and give to those who would not." Thomas Jefferson |
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