$20,900 per family. All on the government credit card, because Chimpy is unwilling to increase taxes to help pay for the war.
Name one war that the United States has fought in the past where there was no call for sacrifice on the part of the American people.
Name one war in the past where the government didn't try to at least pay for part of the cost of the war with a "war tax" or several.
Name one war in the past where the government decided to "let the good times roll" and borrowed every fucking penny of the cost of the war.
$20,900 per family. All to be paid by you, your children and your grandchildren. All in the future.
Over one and one half trillion dollars. That's $1,600,000,000,000. Put one dollar bill on top of another, do that 1.6 trillion times and by the time you were done, you'd be over 40% of the way to the Moon. Every one of those dollars accrues interest, so even if we spent nothing more, that stack would grow 5,000 miles closer to the Moon, and that's without compounding. That's about $80,000,000,000 that we have to pay out of the Federal budget each year in debt service.
All for Chimpy's wars.
And that's just the monetary bill, it's not the butcher's bill.
One thing ought to be clear by now: If Chimpy is not worse than Franklin Pierce, his distant ancestor, he's in the same category.
“Now” You’ve Done It!
56 minutes ago
2 comments:
Here's the problem:
We were at a war supporting tax level before Iraq Part II broke out.
I ran the numbers some time ago and watched things trend out. We're paying as much in taxes in percent of the GDP right now as we were in WWII.
The income tax was passed in large part, to the best of my knowledge, to fund WWI. That tax was originally intended to hit the upper 0.5% of the population with a 1% tax to keep things going.
The withholding of income from each and every one of our paychecks was a temporary wartime measure implemented in 1943 to support WWII.
The problem is they never went away! Hell, the only war time tax we've gotten rid of recently was the phone tax to pay for the Spanish American War. Yay! An extra $2 in my pocket every month to offset the $1,700+ they already take through income taxes to pay for a war that ended before my own father was even born.
Forgive me if I'm not for another tax. They'll just find a new way to spend it when this war is done. Our history shows this.
Justin,
Wasn't the top bracket of the income tax around 90% back during WW2?
What is it now, by the way? Warren Buffet has said that he, one of the richest men in the US, pays about 17% of his income in taxes.
Maybe we can ask those who are doing very well to kick in a little more. Why is it that, in this war, "sacrifice" is only asked of those in uniform?
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