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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
clarence swinney Donating Member (673 posts) Send PM | Profile | Ignore Mon Apr-19-10 11:57 AM
Original message
get revenue
All one hears is cut spending.

A biggie since 1980 was Cut Revenue

Reagan + Bush tax Cuts cut our potential Revenue by 26,000B

Today 14,000B surplus not 12,000B debt.

Increase Unearned Income Tax to 28% from 15%
Remove Cap on Payroll Tax--SS secure for 75 years)
Labor pays full 100%--Billionaire pays 1/10,000th--TelL me that is FAIR TAX.
Big jump in Estate Tax which affects only a few.

fROM 1945 TO 1981 Each percentile increased almost evenly in percent.
Those were out Great years.GI Bill-FHA-S&L-HUD-Minimum Wage-Strong Labor Unions

Since 1980 the Conservatives have been obsessed with enriching the Rich to hell with all others.

1980-1% owned 20% Total Financial Wealth
1989--36%--Reagan gift of 80% increse.

2008----A disaster Story--
1%--43%= 1.5 million workers
10%=70%= 15 million
20%=93%= 30 million

80%=7%= 120 million

FAIR ? Good for America?

Build Military=Wall Street Rich Investors.

Cut rich tax by 60%-Reagan
Cap Payroll tax to help rich
Eliminate Estate Tax to help the few and hurt majority

Three simple acts will get us on track to Redistribute Wealth downward back to a Happiness Society.

Who has GUTS to implement them?
No one owned by Wall Street $$$$$$$.

Otherwise what? Revolution? Something will give. The Les' Miserables can take so much Pain.

Eight more years of Total Conservative Control and Hell will bust wide open

clarence swinney
old-ugly-honest
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