Additionally, when a government agency has not yet spent their wad for the year they spend the excess on junkets, conferences, parties, new equipment, ammo,...Try looking at it this way: Our political system (government) is failing because the rich have amassed fortunes large enough to buy out government. It doesn't matter if you "choose" between Republican OR Democrat in the voting booth.Yes we are, as we never recovered from 2008. They pumped up the Pyramid again just delaying the inevitable. Too Big to Fail is BS............
But who are the Too Big to Fail, Really. Possibly the 4 Horsemen of the Banking system.
The same ones who are primary stockholders of our currency and currencies around the globe. Who now have the power to generate Fiat currency any dang time they want. Which they absolutely did after the crash to a tune of 16 TRILLION from the discount window of the Federal Reserve which they own anyway.
None of this current debate will matter then. They will control everything which is exactly why they are doing this BS on purpose.
Will you be their serf after they basically destroy us. Will you beg for a job from the Gov't, a Gov't that does as they ask, or will you stand against them.
That will eventually be the choice, as they bring the whole dang system down.
They own you already. Your posts prove it. Wanting the very assholes who are doing this to be our saviors, and maybe they'll give us all a job.
Complete joke.
In 2007 this nation's top 1% paid about 22.4% of their income in federal income taxes. If they paid 43.5% they would still have twice as much of national after-tax income as they had in 1970.
Like it or not, government is your only choice to fight the oligarchs. Elect legislators that tax rich individuals and corporations at the same rates as 1961, and the Treasury collects an additional $716 billion every year.
"In other words, if the federal government started taxing the wealthy and their corporations at the same rates in effect a half-century ago, the federal debt to investors would almost totally disappear over the next decade."
Deconstructing the ?Federal Debt Crisis? - RootsAction
$716 billion...First, where do you come up with this figure?
Second, $716 billion is less than the FY 2014 Budget of nearly $4 Trillion.
Lastly. Government does not 'save' money. When additional revenues are collected or particular program or department has been reduced, government simply finds another thing on which to spend the money.
Meanwhile the wealthy individuals and companies you wish to tax have found other places to put their money. And one place I can tell you it isn't going to be placed....Here in the USA.