12/17/2006

Make Income Redistribution Illegal

Let's see if we have this right. Goldman Sachs is giving out $16 billion in bonuses - and the Feds will be getting $6 billion of that back in taxes (based on the 35% tax rate); New York state will be getting $1.2 billion in taxes (based on 7.75% state income tax), and New York City will getting $583 million (based on 3.648% NYC income tax).

The working poor should be getting the same bonuses, says Michael Fishman of the SEIU Local 32BJ in New York City.

As Gilbert Gottfried would say, "You fool!" You know the gubmints have to get their interest-free income first!

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