>> I for one am tired of welfare for the rich.
>
>Hey! Without all that free help it would "hurt business" don't ya know? The magic hand of the market has a really limp wrist it seems. (But I agree, you are bringing up "welfare as we *don't* know it". ;-)
>
>What was that term used to describe a close and reciprocal relationship between government and corporation? Does anyone know?
According to IRS data for 2004, the most recent year available:
Total number of tax returns: 130 million
Number of Tax Returns for the Bottom 50%: 65 million
Adjusted Gross Income for the Bottom 50%: $922 billion
Total Income Tax Paid by the Bottom 50%: $27.4 billion
Conclusion: In other words, just one corporation (Exxon Mobil) pays as much in taxes ($27 billion) annually as the entire bottom 50% of individual taxpayers, which is 65,000,000 people!
http://seekingalpha.com/article/63131-exxon-s-2007-tax-bill-30-billionExxonMobile employs over 100000 people, many of which are US taxpayers.
Exxon Mobile subsidizes the government not the other way around.
Wine is sunlight, held together by water - Galileo Galilei
Un jour sans vin est comme un jour sans soleil - Louis Pasteur
Water separates the people of the world; wine unites them - anonymous
Wine is the most civilized thing in the world - Ernest Hemingway
Wine makes daily living easier, less hurried, with fewer tensions and more tolerance - Benjamin Franklin
