A 98 year old lady has left her $1.1 million estate to the Bureau of the Public Debt:
http://www.wral.com/money/6273546/detail.html
The rest of you had better get busy. There's still $8.0999989 trillion left.
Pay down the national debt?A 98 year old lady has left her $1.1 million estate to the Bureau of the Public Debt:
http://www.wral.com/money/6273546/detail.html The rest of you had better get busy. There's still $8.0999989 trillion left. Wow what a cunt. Even if she had no family she could have left it to some homeless guy. At least he could have gotten really wrecked instead of pissing the money down the drain like the govt will.
Then why do you pay taxes?
When I die I want to fund a Cannonball Run style event. I figure the only thing I need is a lawyer good enough to set it up.
You mean like this?
http://www.gumball3000.com/content/html/launch.htm?# (Caution -- lame ass Flash site!) If she *really* wanted to pay it down, she would have contributed more to it all along. Then her $1.1M would have saved interest too.
"At least he could have gotten really wrecked instead of pissing the money down the drain like the govt will."
Muppet, you do know that's the conservative philosophy, right? A lot of conservatives believe that welfare should belong to the community, not the government. Part of that is the additional belief that the Federal government simply wastes a lot of money, is additional bureaucracy, administrative agencies aren't accountable to anyone, etc. Philo No, like this:
http://en.wikipedia.org/wiki/Cannonball_Baker_Sea-To-Shining-Sea_Memorial_Trophy_Dash And a reprint of the original C&D 1971 article: http://www.caranddriver.com/article.asp?section_id=4&article_id=9536 "Part of that is the additional belief that the Federal government simply wastes a lot of money, is additional bureaucracy, administrative agencies aren't accountable to anyone, etc."
Not only that, but *every* single layer, individual, etc increases the cost of the transaction... that's why the fastest way to get a discount on *any* transaction is to start cutting out the middle men. Philo -
Who says I'm not conservative on a number of issues? Kenny -
What a load of shit. The debt will never be 'paid down'. The govt will simply whore the Hell out of the reduction in debt for a ton of PR, and then when that ship has sailed, they'll built it right back up again with additional spending to match the new income source. "Then why do you pay taxes?"
Because the police power of the federal gov't makes you pay. "i think all inheritances should be used to pay down the debt..."
Yes, because private property is overrated. "Who says I'm not conservative on a number of issues?"
Certainly on this issue you have been pretty consistent that excess money should be taxed, given to the government and then redistributed in the form of welfare, public health care, etc... "i think all inheritances should be used to pay down the debt..."
If you took every inheritance in the US and put it towards the debt, I think it would still barely put a dent in it. Heck, even if you took all the money from the top 10 richest people in the US you'd only have $150 billion or so, and it drops quite sharply from there. Business would be the best source of tax revenue, but raising their taxes could potentially hinder the work force. The only way to really pay down the debt is stop spending so much. ++Then why do you pay taxes?
Because I paid them before and they funded prisons, where they will put me if I don't continue to do so. |
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