The Mudcat Café TM
Thread #45545   Message #679801
Posted By: Little Hawk
30-Mar-02 - 08:19 PM
Thread Name: BS: Who We Are--A Gentle Reminder
Subject: RE: BS: Who We Are--A Gentle Reminder
Excellent comments all around, Amos. I believe that if everyone above a certain very low income level were to pay exactly 10% of their true income...including all those corporations and other big players as you have indicated...then there would definitely be enough tax money provided for a healthy and prosperous social system. It would be simple, and it would be fair.

I am now paying around 22% of my personal annual income, as well as about 20% of my small company's annual income (I am the sole owner), and that doesn't include sales tax, GST, and numerous hidden taxes that I pay here there and everywhere. I would not be surprised if in truth as much as 40% of my money goes out in taxes every year. It's got to be at the very least 30%. And in return for it, I get social services that are being whittled away and privatized (made more expensive and less responsive to the public)every year while the banks and corporations get richer and the rest of society crumbles.

Time for another Boston Tea Party, I think...the idiot king is enthroned in Ottawa and Washington with his corporate cronies and the house is falling down around us.

- LH