Quote:
Originally Posted by thegeist
I didn't agree with the bailout but considering the top 5% pay something like 60% of all income taxes. The people who paid for the bailout are many of the same people who are receiving it.
Where-as, people like Latrica or whatever-the-hell her name is contribute nothing and take everything.
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Just because 5% of the population earn higher income and pay a higher taxes, this doesn't entitled them (and them only) to a portion of our tax dollars in the form of tax bailout. There is no justification because all tax brackets contributed to the $700B regardless to the percentage paid.
As a taxpayer, I'm okay with contributing to those in need. Latrica is an isolated case and not the norm. Why blame the children for the mother's mistake. It's sad that some people will overlook a hungry child, but happily provide for a dog. There is more important wasteful spending by the government (Obama said that he will review) that s/b eliminated. If I'm correct in reading the 2008 federal budget, this represents 1.8% of total government spending
2008 United States federal budget - Wikipedia, the free encyclopedia
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