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People who buy this garbage have no perspective of how much the federal government taxes and spends. Everything discussed here is insignificant in the scope of
by aiyodev 9y ago
People who buy this garbage have no perspective of how much the federal government taxes and spends. Everything discussed here is insignificant in the scope of the federal agencies spending $11 billion a day. Personal incomes are less than their rounding errors.
- tamcap 9y agoI'm curious, in what sense is it insignificant? Quoting from (likely faulty) memory, 30% of federal budget comes from income tax directly, and the another 20% or so is covered by employer associated employment taxes. So out of that $11bn a day, Americans pay in $6.5bn every day. If we were to adequately tax the 0.01%, the budget would feel the difference.