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"Gang of Six" Plan Favors Upper Class

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posted on Jul, 20 2011 @ 07:39 PM
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This "plan" makes my hair hurt.

It suposedly decreases the deficit 4 trillion over 10 YEARS! The current national debt is over 14 trillion and was increased over 1.6 trillion in the last year alone.

www.usdebtclock.org...

All it seems to do is gut the middle class by eliminating some of the most important tax deductions (mortgage, IRA, charity, health insurance).

Wealthy taxpayers have tax accountants well versed in the complexities of the tax code. Wealthy taxpayers also have options like becoming expats.

The plan is also revenue neutral respecting corporations.



On the business side, the plan would lower the corporate income tax rate from 35 percent to somewhere between 23 percent and 29 percent, all of which would be funded by eliminating unspecified tax breaks for businesses.


news.yahoo.com...

This "plan" represents more Washington BS coupled with a healthy dose of Marxist philosophy.



posted on Jul, 20 2011 @ 09:39 PM
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Originally posted by RRokkyy

Originally posted by neo96


the only reason classwarfare even exists is because that so called upper class doesnt need the government

.


The Rich are the Government.

The Rich is the Military, Pharmaceutical, Prison industrial complex paid
for by the middle class and poor.
Imperialist wars and drug wars
butter their bread.
edit on 20-7-2011 by RRokkyy because: (no reason given)


Exactly.

The rich benefit and depend on "the government" more than anyone else; by far.



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