[DeTomaso] REALLY, TOTALLY NPC - Where are vehicles made

[Larry Finch]

I almost hate to weigh in on this, but in fact, since 47% of Americans pay no income tax (source: USA Today), the impact of welfare moms, if you include people who not only pay no income tax but also receive the earned income tax credit--a rebate from those of us who do pay taxes--is quite large.


Chris
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Okay, I'll accept your 47% if you accept this from the NY Times:

A Government Accountability Office study released in 2008 found that 55 percent of United States companies paid no federal income taxes during at least one year in a seven-year period it studied.        
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Need more realities of how Capitalism run without thought to Country, fellow citizens or employees works out??

Just off the top of my head, with a little help from Google-

Bernie's Ponzi scheme - 50 billion

S&L fraud of the 80's - 160 billion

AIG 182 billion
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EITC cost for 2004 was about 36 billion

AFDC cost for 1996 was about 20 billion

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War on Terror to date - Iraq - 815 billion

War on Terror to date - Afghanistan - 445 billion

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Are you REALLY worried about how much of your tax dollars go to welfare/EITC when compared to the other ways our tax dollars are wasted to support  never-ending wars and never-ending bailouts of those whose lives revolve around their never-ending greed and corruption?

Larry