osamanobama said:
im sorry but you must live in a different country than I because in the US Wall Street, as well as almost everything else is heavily regulated, in fact the governments regulations and policies is exactly what caused our financial downturn (see: giving risky mortgages to people who dont deserve them). rather than ask what in the US is heavily regulated, a better question would be: What isnt regulated? and the rich dont pay there fair share? you realize they pay over 70% of the tax burden, while nearly half the country foots 0% of the tax burden? and you are saying the rich dont pay there fair share? not only do they pay the most, they also have the highest tax rates, as well as the highest corporate tax rates in the WORLD! letting anybody and everybody KEEP their OWN MONEY that they EARN, is always a good thing. |
Regulation is not what happened period. Thats why the banks did all the sub prime loans and crashed this ecconomy. Reagan with shredding sherman anti trust act, then glass steagal. > How about high fregency trading that causes wall st. to go up and down. BUSH DEREGULATED AND THEN WE CRASHED. So if deregulation didn't do it then why did the federal reserve borrow 7,700,000,000,000 To the banks. You The rich pay max 15% . they pay 70% because they make millions per yer. So much more money that they should pay a higher rate because the roads, lake, bridges they ruin from making there money is expensive. Many of the things you take for granted like sewer or water cost money. Go to mexico and see what it's like giving tax breaks to the rich and letting them shit all over your country. We do not have the highest corporate tax rates because they have loop holes. Some people are so f'ing ------- it's funny Go watch fox news.
this is a real graph . Before reagan Or 1980 the rich payed a way higher tax rate and so did corporations and there was a lot more regulations. You see all the people made a lot more money. learn something other then watching Bill O' Reilly because you sound yah. Fox news was found that there people knew less then people who didn't watch news at all. LOL thats you.
The top 400 families in america make more money then the bottom 150,000,000 People. So if they make that much and I pay around 30% tax rate and they pay 15% and sometime 0%, nothing. The things government does is not free. For instance the stop lights down the road are very expensive. You want to know whyl because they have to be pricise. How would you like it if they change green for both sides. You think everything is free and you want a hand out to the rich, let call it corporate welfare. Your ok with that but not helping people who work there arse of and can't even afford to eat. Hum I wonder what jesus said about that? Get your head out of your ---