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Bush- not Obama- Enacted TARP and Signed the Bank Bailout into Law

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Author Topic: Bush- not Obama- Enacted TARP and Signed the Bank Bailout into Law  (Read 552 times)
Krista Davenport
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« Reply #15 on: November 02, 2011, 12:29:18 am »

Quote
A 3% flat tax would change all that.  1% local, 1% to the state and 1% to the Fed. 

A 3% flat tax???  Even Perry wants it to be something like 20%!

The government can't get by on that.  All the cities and states would immediately be bankrupt and there would be no social programs or funding for any of the departments at all.  You'd have no police, fire protection, Social Security, Medicare or anything else.

For your information, the rich are currently supposed to pay 36%, so anything less than that would be a giveaway to the rich. 

"Flat taxes" only help the rich. It's their way of saying, "I've got mine, screw everybody else."
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