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McCain's Issues (Fairness post)
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From
03/09/2008 14:08:30
 
 
To
03/09/2008 14:03:56
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01343614
Message ID:
01344610
Views:
10
>>>> 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-billion
>>
>>ExxonMobile employs over 100000 people, many of which are US taxpayers.
>>
>>Exxon Mobile subsidizes the government not the other way around.
>
>According to some thinkers, if government slaps you with tax lower than 100% then it means "subsidizing". Purely linguistic difference.

Others still believe that the government should own it all anyhow, regardless how much history has taught us.
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
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