>>And wasn't it bill clinton who had its financial matters in order? We all know what happened when the republicans took over. If the rich were taxed better and financials were taken in control a bit better you would not have the huge debt right now.
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>If the rich were taxed better? What level of income do you consider to fall into the 'rich' category? What percentage of income going to taxes do you think is adequate and fair?

I have been an advocate for many years of the flat tax system. Above a certain cut-off (so the poor don't get really burned) everyone should pay, for arguments sake, say 15% of their gross income. Done! The percentage can be argued, but it would make life so simple, and without all the loopholes etc, the government would probably find itself awash in cash.