Under George Bush, 31% of the tax cuts were given to the wealthiest 1% of Americans. Under McCain's plan, 58% of tax cuts will go to the wealthiest 1%.
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Under George Bush, 31% of the tax cuts were given to the wealthiest 1% of Americans. Under McCain's plan, 58% of tax cuts will go to the wealthiest 1%.
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the top 1% of taxpayers pay 1/3 of all tax revenue. The top 10% pay 65% of the revenue, so of course loop holes benefit the rich. from investors business daily
I saw some video called unbroke on tv with will smith and cedric the entertainer and shit explaining things liek why you only need one credit card and why subprime morgages are bad. what a joke.
Before 1917 was 7% and before 1913 was 0%. Did you know that between 1950 and 1970 unemployment rates in European Union were 4 or 5 times lower than in America? In those years American economy was build around military industry complex (Roosevelt spent 42% of GDP in WWII), wars, high taxation, and consumption, which eventually led to abandon gold monetary discipline and reckless fiscal policies. Not a manufacture economy anymore. And the government share of GDP is now much higher than ever.
There is NOT a 5% of rich people. Not in America not in Europe... Maybe in Suadi Arabi or places like that. Many people (inside the 5%) who make 250,000 a year are actually little or medium size companies with a dozen workers or so. Warren Buffet, Larry Page, etc are not even a 0.001%. So STOP lying, please.
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