Quote:
Originally Posted by Paul Markham
No you should be paying more taxes. Stop voting for people promising tax cuts, that will mean your children picking up the debt on. Go calculate the unemployment rate by cutting the debt. It might give you an idea of how your theory will work.
Debt $16 trillion.
Reduce debt by $1,6 trillion a year over a 10 year period.
How many jobs will have to go to save $1.6 trillion a year?
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How much should I be paying? 10-20-30-40-50-60% ?
Remember I pay taxes on everything I buy, $5000 Luxury tax on my car, 8% sales tax, property tax ..
If you tax me too much off the top, then I won't be paying as much on the other taxes.