Thursday, March 19, 2009
If the Rich Just Paid More Taxes....
Interesting chart that was sent to me showing that the rich only pay about 35% of their income in taxes currently. In the past, they have paid up to 91% of their income and guess when we were strongest economically as a country, when the rich were paying that much!!!
Look at the 1920s before the Great Depression, the rich paid the least in taxes and look what happened? THE GREAT DEPRESSION!!!
During WWII and after, when they were paying a lot, we were doing GREAT economically as a country.
As the rich have paid less and less since the 1950s, our economy has gone down and down accordingly. IT'S ABSOLUTELY AMAZING, but not totally unexpected.
So wealthy people, you know what to do. Your fun is over. It's time to pay more than your share to help us low paid individuals out and SAVE OUR COUNTRY!!!
This is the bailout we need!!!