Author: Michael Madigan
Posted: 2012-02-24 at 14:41:07
Half of Americans don't pay any Federal income tax
90% of Americans have no idea how dire the deficit spending is.
We are borrowing 40% of the budget now, over 1 trillion a year. 3 billion a days.
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From: Nicholas Geti <ngeti@optonline.net>
To: profox@leafe.com
Sent: Friday, February 24, 2012 11:51 AM
Subject: [OT] Now David Brookes is talking
He compares America to Europe and says we are the same welfare state as they are. http://www.nytimes.com/2012/02/24/opinion/brooks-america-is-europe.html?nl=todaysheadlines&emc=tha212
The only difference is how our politicians have learned to hide the expenditures by manipulating the tax code so the people never see it then brag about how they have cut taxes.
Since half the people in American don't pay any direct taxes (i.e. by filling out the 1040) plus get free handouts and with the economy improving, I am sure Obama is going to win this next election. That will be unfortunate but what can I do. He already is raising millions of dollars from donations under $200.00 each.
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