Dr. Bruce Prescott, at Mainstream Baptist, has a great post illustrating the current deficit problem. He writes:The Center on Budget and Policy Priorities has published a report about "How Projected Surpluses Became Deficits." The chart above puts the information in a nutshell.Excellent question. Any guess as to the answer?
I really didn't get much from the Bush tax cuts. I think it was something like $60 a year. I'd gladly give it back with interest if it would help stabilize the economy of our country.
I wonder how many people in the upper income percentiles would do the same?
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4 comments:
At least the world's been made safer!
Now if we can just find a way to shift that 12% to those who truly need it, the job creating machine of the upper 1%.
So very telling. This is the kind of info that the Republicans really don't want to discuss. Too facty.
well, to answer your question, I know at least Bill Gates, Sr. (dad of the famous guy) has gone on record saying that the rich should pay more.
so there's one.
That chart says it all...
And yes, Diane is quite right- Bill Gates Sr. has spoken with great fervor on why the rich should pay more.
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