Wednesday, December 01, 2004

What the Rich folks don't want you to know

The top 6 percent of American citizens own 97% of the entire wealth of the country. These households have an average wealth of $10.2 million and pay only 3.5 percent of their wealth in taxes. By way of comparison, the bottom 40 percent of taxpayers have an average wealth of $1,100 and pay 163 percent of their wealth in taxes.

If all taxpayers paid the same 10.5 percent of their wealth in taxes as median income families’ pay, the taxes of the lowest 40 percent would be cut by 94 percent while the taxes of the wealthiest would triple.

AMERICA IS AN OLIGARCHICAL PLUTOCRACY DISGUISED AS A REPUBLIC. THE CONCEPT OF AMERICA BEING A DEMOCRACY IS EXPOSED AS A COMPLETE FRAUD.

From 1984 to 2002, the government collected $1.7 trillion more in Social Security taxes than it paid out. The extra money was supposed to go into a fund to help pay for baby boomers' retirements but instead was used to fund tax cuts for the wealthy.

Our country is being controlled by a miniscule few people who are exercising monopolistic fascist rule over the citizenry. For freedom's sake we must do all we can to abolish the Republican Party facade and the lie that it is perpetrating upon America.

http://www.osjspm.org/101_taxes.htm#8

TYPICAL EXAMPLE OF BUSH'S SATANIC LIES BELOW!

An analysis by the Annenberg Public Policy Center's FactCheck.org debunking Bush's claims that Kerry's plans to raise taxes on the richest Americans would increase the tax burden on 900,000 small businesses.

The analysis found that the Bush campaign is counting every rich person who has even $1 of outside business income as a small business owner, even if they have no employees.

http://www.factcheck.org/article265.html

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