“If corporations and households taking in $1 million or more in income each year were now paying taxes at the same annual rates as they did back in 1961, the IPS researchers found, the federal treasury would be collecting an additional $716 billion a year… the federal debt to investors would almost totally vanish over the next decade.”
From an article by Sam Pizzigati — Plutocracy: If Corporations and the Rich Paid 1960s-Level Taxes, the Debt Would Vanish
When everyone has a piece of the pie, you may have seconds. To whom more is given, more is expected. American corporations need to remember that they need to dance with the one that brought them, the US of A.
Our current political/economic crisis is not that hard a problem to solve. We as a collective group should not let greed rule the day. We are all in this together, lets act like it. The American dream should not, must not include la noblesse. Keep your Marquis and Vicomte where they belong, to history.
Didn’t “EVERYONE” vote quite quickly on the TARP money for there were some businesses “TOO BIG TO FAIL”? I guess the U. S. Government is either (1) not a business or (2) too big to fail.
Hmmmmmm!!!!!!!
GREED RULES THE WORLD, GET OVER IT