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 Dienstag, 20. Mai 2008John Walker: 'One of the most striking examples [in Ron Paul's book] is the discussion of abolishing the personal income tax. "Impossible", as other politicians would immediately shout? Well, the personal income tax accounts for about 40% of federal revenue, so eliminating it would require reducing the federal budget by the same 40%. How far back would you have to go in history to discover an epoch where the federal budget was 40% below that of 2007? Why, you'd have to go all the way back to 1997!' no comments Please log in (you may want to register first) to post comments! |
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