If you thought Bernard Madoff's Ponzi scheme was bad, wait until you hear about the inverted pyramid scheme the federal government is working on. While Mr. Madoff preyed on people who trusted him with their money, the federal government has everyone's money, and the implications of its actions are worse. Full Story »
Posted by Fabrice Florin
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Very factual, loaded with numbers, percentages and rationals behind the tax system. Illustrates clearly the inherent unfairness of the current system. THe auther could have linked this inequity to the Tea Protests this past week...part and parcel.
It makes a joke of the 90% of all tax payers will get a CUT...seeing as they pay virtually nothing anyway..how much can you cut? I heard some people ... More »
The author fails to note that the 10% that pays 71% of the taxes also owns 69.8% of the total wealth of the country. The concentration of wealth within that 10% has MUCH more to do with how much they pay in taxes than any other factor.
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