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

[Scataphagos]

Quote from endsongs:

"...Raising taxes is political suicide.

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!

 

[ByLoSellHi]

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