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I find it amusing that when espousing a fair system that treats everyone the same, I get called a bigot!
The government functions at our request. We pay them a certain wage (taxes). THEY work for us. If they cannot budget and fail at fiscal responsibility, it is not our responsibility to cover their poor fiscal efforts with more of our money.
Romney free market?
Peter Schiff was one of the biggest opponents to this wealth transfer as was Ron Paul, Jim Rogers, Marc Faber etc.
I'm not sure if Campbell's is a billion dollar industry
Campbell Soup Co. said it earned $127 million, or 40 cents per share, for the period ended July 29. In the year ago period — when the company was weighed down by restructuring charges — it earned $100 million, or 31 cents per share.
Revenue was basically flat at $1.61 billion, but beat Wall Street's $1.59 billion estimate.
Originally posted by RealSpoke
Yeah the poor are poor because they don't work hard enough. Everyone can start a business and become a millionaire! They aren't paying their fair share when they have nothing to give. All worship the "job creators"........ Peter is a dis-info agent, as he knows that capitalism has to have a lower class for it even to exist.
Using complex schemes to shift U.S. revenue overseas, Microsoft was able to avoid paying taxes on $21 billion in revenue between 2009 and 2011, amounting to about half its total U.S. sales, according to the subcommittee report. The company avoided paying $4.5 billion in taxes, or about $4 million per day, during that time, according to the report.
Using similar schemes, Apple avoided taxes on $34.5 billion between 2009 and 2011, and Google has dodged taxes on $24 billion.
But the lower income scales have to contribute more, too.
If localities took responsibilities for themselves in taking care of the needy, the burden on the Fed would decrease.