The Worlds 10th largest economy (California) goes into default tommorrow (7/1/09)

Discussion in 'Economics' started by peilthetraveler, Jul 1, 2009.

  1. Well, not as far as income taxes. Soon >50% will be paying zero Federal income tax. And if >50% pay no tax, why should it bother their voting if taxes are raised on the other guy? In fact, the non-tax payers should LOVE it that taxes are raised...

    Now something like a hike in gasoline tax... one that EVERYBODY who drives has to pay... well SCREW THAT! :mad:
     
    #61     Jul 2, 2009
  2. <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/IC7iIttp6cY&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/IC7iIttp6cY&hl=en&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object>
     
    #62     Jul 2, 2009