Econoquiz: How High Are U.S. Taxes?

And if you are worried about the current administrations handling of the economy

Consider these comments by John McCain in January of 2008 “The issue of economics is not something I’ve understood as well as I should,” he said. But, “I’ve got Greenspan’s book,”

http://thinkprogress.org/2008/01/18/mccain-economy/

I'm not sure the Hockey Mom has a much broader grasp either.

Pat of MA @ Sep 15, 2008 21:21:59 PM

Taxes

This coming November the American people, through the election process, will face the most fundamental of all questions a democratic country can face.

That question being, Who do they expect to pay for or finance their government? Is it the people themselves? Or is it foreign investors, private or governmental? Or is it going to be a rational division between the two?

Ronald Reagan, the avatar of the reactionary greed movement which made a great effort in rolling back New Deal and Great Society measures, sold the American people on the idea that TINSTAAFL did not apply in the real world. He created the belief that there WAS such a thing as A FREE LUNCH. His idea being thet TISATAAFL(There Is Such A Thing As A Free Lunch!

And now the financial chickens are coming home to roost.

It appears that he WAS correct when he said that "Government was not a solution to America's problems but rather that government WAS THE problem." Using the Gramm-Leach-Bliley Act as the preminent actor. Not to belabor the price of oil nor teh Iraq War Grab.

Ever since the venal Phil Gramm enginereed the repeal of the Glass-Steagall Act of 1933 and replaced it with his own handcrafted measure lack of government has been the problem!

The apostles of the free market are nothing more than greedy, venal, sociopathic thieves who wish financial regulation crippled so they can loot the national wealth.

The Robber Barons of the Gilded Age were mere pikers compared to today's crooks.

At least the old Robber Barons were constricted by old-time economics. Modern globalization has allowed a small cabal of thieves to destroy almost an entire economic class.

America is done, finished, kaput. It will never recover from the Reactionary ERA (1980 to present).

Sted of PA @ Sep 15, 2008 14:09:52 PM

Taxes

This shows the condition of the tax system. It should be scrapped and replaced with the Fair tax.This will releave the burden on U S manufacturing and place it on allproducers here and abroad!

J M Leopold of FL @ Sep 14, 2008 14:17:30 PM