Obama Approaches the Key 50% Mark
24th February 2012
‘What “key 50% mark”?’, I hear you ask. The key 50% mark at which the tax-eaters outnumber the tax-payers. That’s the tipping point at which the tax-payers realize that theirs is a losing demographic, and so the rush to go from tax-payer to tax-eater becomes a flood, and the system slides every faster into bankruptcy, at which point the starving masses are willing to do anything to keep the wolf from the door, and so the New World Order arises in waves of blood and iron.
Mark my words. It’s coming. And it probably speaks Arabic.
February 24th, 2012 at 14:32
Been re-reading Atlas Shrugged have we?
February 24th, 2012 at 14:52
I find it amusing and somewhat baffling that the right keeps trotting out this old chestnut about who doesn’t pay taxes. The reason the bottom 50% don’t pay any taxes is because they only earn 12.5% of total income. A 25% tax on the richest 1% (who account for 60% of income) would net the government more than taking 100% of all the income of the bottom 50.
And it’s all about the dollars. You can’t get blood from a stone, so why try?
February 24th, 2012 at 16:50
You know, if I were stranded on an island with ten other people, and one of them came up to me and said: “Let’s you and him, do some extra fishing to feed the rest of us”, I do believe I’d administer a good thrashing, right then and there on the spot.
The way I see it, is that the problem with a modern society like ours is that it’s difficult to get a hold of the twerps and show them the error of their ways.
February 25th, 2012 at 08:00
@ Lowly: A comment apropos of nothing which went before.
Nobody was talking about fishing, but if we were, a more accurate scenario would be a man with four fish coming up to a man with 1/4 fish and saying, “You must give up half of your i/4 fish, and I will give up the same percentage.” Leaving the first man with two fish and a full belly and the other with 1/2 of what he couldn’t live on in the first place.