09-07-2007, 11:16 PM
[font "Tempus Sans ITC"][#808000][size 3]The latest information the US Department of Treasury has at least that I can find shows, that the projected tax breakup had the top 50% (which would includes the middle class) paying 96.4% of taxes while the lower 50% paying only 3.6% this was for 2005.[/size][/#808000][/font]
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[font "Tempus Sans ITC"][#808000][size 3]I am only 32 years old, but I have understood since my high school ecomomics class that rich people or corporations are not happy with having a big savings acount. They always want to make more money, and the only way to make more money is to spend and invest. The company I presently work for will only invest thier money if they can expect at least a 10% rate of return, and I believe most major corporations use a similar system. So if companies can be givin tax breaks to ensure a decent rate of return, this pur
es them to spend money. The more money that is invested, the more middle class jobs that can be created, the more people that can be taxed. Plus the higher revenue that is created from a corporations investment is also taxed.[/size][/#808000][/font]
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[font "Tempus Sans ITC"][#808000][size 3][/size][/#808000][/font]
[font "Tempus Sans ITC"][#808000][size 3]I am only 32 years old, but I have understood since my high school ecomomics class that rich people or corporations are not happy with having a big savings acount. They always want to make more money, and the only way to make more money is to spend and invest. The company I presently work for will only invest thier money if they can expect at least a 10% rate of return, and I believe most major corporations use a similar system. So if companies can be givin tax breaks to ensure a decent rate of return, this pur
es them to spend money. The more money that is invested, the more middle class jobs that can be created, the more people that can be taxed. Plus the higher revenue that is created from a corporations investment is also taxed.[/size][/#808000][/font][signature]