Can someone check my math please? [View all]
Last edited Fri Aug 7, 2015, 11:23 AM - Edit history (1)
The problem as I see it is tax breaks to the top .1% and 1% and maybe the top 10%. The top .1% owns 90% of this country's wealth! And you can't tell me that billionaires are going to hurt with an extra 1% on their taxes, (most have their money in funds that they do not have to pay taxes on. Mitt Romney only paid 15% on all his money in the year that he ran for president.)
If the 615 billionaires, (from Google), were taxes just an amount to equal 1 billion (1% or .01% I can't get the number from the calculator) the amount going to the government would be 615,000,000 million.
SNAP - Food Stamps benefits cost the government about 74 billion. And that leaves 541 billion left for the government to spend on roads, education, and a host of other things that we now do not have the money to spend on.
AND WHAT IS SO UNFAIR ABOUT THAT IS, Walmart pays its employees, (along with most of the other box stores) about $8/hour. They are the working poor and they have to get food stamps to eat!