Quote:
Originally Posted by spence
Our taxes are at historic lows and wealth continues to concentrate at the top and be funneled offshore. -spence
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This also includes Corporate Taxes: Corporate income taxes for the past three years have hovered at just over 1 percent of GDP, lower than for any three-year period since World War II. The average for OECD countries is 3.5 percent.
The problem I have is the amount of $$’s wasted. Too many stories of gross and wasteful spending and so much scandal in our Government. Regardless of taxes being historically low, an argument could be made that government spending is historically high. So it’s the chicken and the egg, cut spending or increase taxes. I think we need a little of both from everyone. Not just concessions from the rich or the poor, but from everyone. (even though I don’t know what is rich and what is poor)
Hybrid Mode
