The Mudcat Café TM
Thread #114722 Message #2450324
Posted By: Bobert
25-Sep-08 - 06:20 PM
Thread Name: BS: A better way to save the economy
Subject: RE: BS: A better way to save the economy
Well, I'm for it... Maybe seein' as we're about to make make the biggest finacial screw-up ever that the Dems could at the very least make this a dollar-for-dollar deal... One dollar for the banks and one for infastructure...
Tell you what, if they did that then Wall Street would say, "Hey, we we're fine... Keep yer money..."
But the best way to deal with this economy is to tax the rich for the sahre of the wealth they have created...
(But, Boberdz... The upper 5% pays 61% of the taxes now!!!)
So??? The upper 5% controls 82% of the wealth... That means they would have to pay another 21% in taxes to be paying their fair share... That amount alone would make the US Governemnt so solvent that it could throw $700B at Wall Street and another $700B at infastructure and another $700B to home owners and still have money left over for a Big Meal at MickeyD's....