wrveres wrote:Neato Torpedo wrote:This means 36 percent of all so-called taxpayers actually pay zero in income taxes after taking their credits and deductions. But these figures don't include some 15 million people who work but don't earn enough to file a tax return. When these people are added to the non-payers, estimates the Tax Policy Center, the percentage of households who don't pay income taxes rises to 47 percent.
http://articles.cnn.com/2010-04-15/opin ... PM:OPINION
And the money doesn't "run out". It gets put back into the economy through spending on goods and services. The wealthy save a high percentage of their income, while the lower and middle classes generally spend a lot of what they earn. If anything, providing financial aid to the working and lower middle classes would boost the economy and safeguard it from overdependence on the banking industry.
lol. yes, the money runs out.
What is your hangup with the banking industry btw? One, its a business. Two, its not like you can't walk into your choice of over 100 options if you don't like the one you got. You are telling me that you would rather have the US Government be the nations sole banker? i don't understand your beef with the word profit.
I'm telling you that we need to make it so that if a couple banks go down, the entire economy doesn't follow. I don't have a problem with profit as long as they don't, like, destroy the global economy in their attempt to get it.