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To: Opinionated Blowhard
This is what happens when a society doesn’t have the will to cut spending. When there’s no more money to tax, the government simply takes it. This will end up happening in every Welfare State — including the United States — that has lost the will to control spending and the size of government.

Look at the USA:
Government debt: $20Trillion
Gov't Spending: $3.75 Trillion
IRS Revenue: $2.5 Trillion

You know where this is headed...


13 posted on 03/24/2013 9:13:10 AM PDT by Bon mots (Abu Ghraib: 47 Times on the front page of the NY Times | Benghazi: 2 Times)
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To: Bon mots
Well, we could grow our economy to a point that would make $20 million a insignificant number, where ever that point is. Everyone would have two jobs and all of our kids would be working too.
27 posted on 03/24/2013 11:17:36 AM PDT by ANGGAPO (Layte Gulf Beach Club)
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