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ManusJustus said:
TheRealMafoo said:

It's hard to dispute facts :)

You can when the facts are wrong.  This theory from an opinion article (of all places) is dead wrong, the United States percentage of tax revenue to GDP has not been 19.5% since 1950, in fact its been around 10% for the past few years.

http://www.nationmaster.com/graph/tax_tax_rev_of_gdp-taxation-tax-revenue-of-gdp

Owned.

This kind of reinforces the other problem I brought up in the other thread we were having an economic discussion in, that the current tax system allows people to avoid paying taxes way too easily because of all the loopholes.  When we raise taxes on the rich, they funnel their money out of the country or do somersaults of tax evasion to prevent paying extra.  For how bad of shape our national debt is in, we should be taking in a lot more if only to decrease the national debt, which will eventually be a huge burden on our entire economic sector.

We should solve the problem now, rather than later.  If it keeps growing at the rate it is now, the interest payments on the debt will become over 20% of our federal budget, and even more if it goes on for longer.

 



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson