Posted on 06/22/2016 3:48:05 PM PDT by Ennis85
This is just the jolt to get this dying horse kick-started! I say we make everyone millionaires! That’ll do it!
When is someone going to tell the truth about poverty stats in the US? They don’t include non-cash government benefits as income. So, people are getting everything “free”, all their necessities and then some, and might have a small income (this doesn’t include income they don’t report) and still be counted as living in poverty. It’s absurd!
If you got your food, housing, utilities, medical care, school & extra free meals for the kiddies, and even a free phone, are you still living in poverty? Most “poor” people in the US own cars, houses, and lots of gold teeth.
I am pretty sure your posting was slightly higher than a “microaggression”. ;)
Trillions in Debt,(USA), we need to quit sending money to Muslims and the IMF needs to foot the bill of the rest of the World.
Argentina: 137.3% tax rate. Astonishingly, Argentina’s total tax rate is judged to be over 100% of corporate profits. The country’s turnover tax alone eats up nearly 90%, before taxes on salaries and financial transactions are taken into account.
Bolivia: 83.7%. Bolivia’s 3% tax on transactions wipes out 60% of company profits, even before other taxes are taken into account.
Tajikistan: 80.9%. The central Asian country has a 2% statutory tax rate on all turnover, which takes out a significant chunk of a company’s average profits.
Colombia: 75.4%. The country brought in a new wealth tax — though it’s fourth in the world, it only comes third in Latin America for its total tax rate. I could go on and on BUT America does not even LIST in the highest Tax rates in the World, not including Corporate Taxes of course:Weighted by gross domestic product, North America stands as the region with the highest average top marginal corporate tax rate at 37 percent. This is unsurprising given that the United States makes up more than 80 percent of the region’s GDP and has a corporate tax rate of 39 percent.Oct 1, 2015
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