ilia25
I can do math
- Jan 12, 2012
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What standard of fairness dictates that the top 10 percent of income earners pay 71 percent of the federal income tax burden while 47 percent of Americans pay absolutely nothing?
Those 47% pay a lot of taxes other than the federal income tax. But the main reason why the rich should pay more is that even after taxes they pocket much more income than those in the bottom half -- for no other reason than being born with the right set of talents.
Is the U.S. moving toward or away from the troubled EU nations? It turns out that our national debt to GDP ratio in the 1970s was 35 percent; now it's 106 percent of GDP. If you think we're immune from the economic chaos in some of the EU countries, you're whistling Dixie.
Japan has 200% debt to GDP ratio, yet it can borrow at even lower interest rates than the US. UK had similar debt load in 60s, but never had problem servicing its debt. Eurozone troubles happened for a different reason.
These are the facts and they are being ignored by the MSM.
These aren't facts, they are examples of the right-wing propaganda twisting the truth.
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