This is a terrible idea. The super-richer are getting super-richer and everyone else is getting poorer.

Also... 8% across the board would not equal how much we current take in with taxes.

tweoijfoi wrote:

I don’t want to answer? I need to explain ‘fare’ to you? Deflecting the issue?

Dude, I am pointing to fundamental inequities in our system. You are just looking for a point of tax code to debate – sorry I don’t have one. Besides – new tax code would not fix the debt.

You think you are wealthy? Good for you. I assume then that most everyone in the US is wealthy and you interpret ‘wealthy not paying their fare share’ to mean ‘no one is paying enough’. Not what I wrote, Not what I meant.

You rich guys are all alike - 😄

What would you call someone who owns billions in net worth? Someone who never drew wage and selects what passes for news? Guess wealthy ain’t the right word.

Brewha wrote:

The way I see it, we only have three real options given our society and culture:

1. negotiate the debt to pennies on the dollar;
2. hyper inflate the dollar so that we pay of the debt in nominal terms; or
3. simply default on all or part of the debt.

rfenst wrote:

The way I see it, we only have three real options given our society and culture:

1. negotiate the debt to pennies on the dollar;
2. hyper inflate the dollar so that we pay of the debt in nominal terms; or
3. simply default on all or part of the debt.

rfenst wrote:

You don't leave the US much do you?

If you really did you would realize in a heartbeat just how rich you are. I've been in countries where having a well pump meant you were a rich person. I've been in others where just having food qualified as being rich.

Since when did ANYONE ask you to point out the inequality of your life in comparison to others? Soryy but if you want to work hard you can make a really good living. Don't hate the system for what it is. Just because you're last name isn't Rothschild, Gates or Vanderbilt doesn't mean you can't be one. Come up with the next idea and produce something, start a business...hell if the dumbass from Facebook can garner the "billions" he's worth for doing that then you're wasting your talents here on CBid...get busy and fight the power! instead of whistling "Wizard of Oz" tunes and feeling bad about your wage earning ability...do something about it!!![frypan]

DrMaddVibe wrote:

I'm thinking the idiot should get a job instead of labling CBid posters as "Wizard of Oz" characters!

Put the bong down...leave the basement and get a REAL job!

DrMaddVibe wrote:

Wow, that hurts!



If I only had a heart . . . . .

Brewha wrote:

Okay...IF only your dad wudda pulled out we wouldn't have to hear your lousy whining from thread to thread!

DrMaddVibe wrote:

And every developing country that has tried it. Sure it hurt their financial credibility for a while, but 5-10 years later, they got back on track!

rfenst wrote: