And there’s a wee bit of debt service on $3.5T....
I thought for a minute, “I can’t pay that and have anything left to live on”; then I realized that is the point. It’s flat-out communism. The government takes everything. Every damn dime. And then they decide what minor fraction to return to you to scrape out a substance living, unless, or course, you are in a favored class.
Great! When do I get my 25M is cash? Oh, you mean, I don’t?
Rats.
Lady Thatcher: “Sooner or later, you run out of other peoples’ money!”
Thanks, Mr. President. The markets love this.
Ugh.
PS: Check out Citigroup’s stock price this morning. What a mess.
Isn’t this on TOP of the $30,000 a piece for the porkulus package?
As I understand this, and believe me I am not good at understanding, the tax would amount to $25,000 apiece if we all shared and shared alike.
We dont.
Some of us pay nothing, while others pay disproportionately.
Funny thing is those who do not work and accept socialism forget how these socialist countries work. These socialists pass out the fruits of other’s work to those who dont for only so long,until they start getting rid of and locking up those who dont participate. Think Gulag. Work Camps. Concentration camps , It’s been done before, suck them in to accept socialism then get rid of the drones.
You forget that most people who file returns do it to get a gubment check (tax credit) not because they pay taxes.
I'm in that top 10% that pays 50% of the bill, so I figure that this years tax liability for my wife and I (just this year and just federal) comes to $255,730.
No, no, I was promised y’all would pay that for me and I’d still get a pony.
Wow! What a coincidence! That 25+ g’s is the same amount my retirement stash loss in value these past few months!
Might as well take it all, Capt. Unicorn, and then LEAVE US THE H3LL ALONE!
Fortunately, I’m among the Arkansas Elderly Poor, so I expect you guys to send me your twenty five grand. PayPal is fine :-D
I wonder if he will accept a bank draft...
I might just have to go on welfare.