Why Should Taxpayers Give Big Banks $83B a Year? (1 Viewer)

dajmno

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I got paid my bonus today. It was gutted by 42%.

Tax Rate:
Federal Tax 25.00% y
Medicare Tax 1.45%
State Tax* 7.50%
________________________________________
**Total Taxes Deducted 40.15%
I was lucky enough to pay an extra 2%. Apparently 10 states now require income taxes be paid for the days non-residents work in their state. So I worked in California a few days last year and had to pay their 9.3% flat tax on the days I worked there.
 

ArmoredNOSaint

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It's past time to break up the big banks. While TARP may have been necessary, it did grant an exorbitant privilege to the big banks that is now out of control. Break 'em up.
 

Geldo

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So the US doesn't have the money to fund universal free healthcare for its hard-working, tax-paying citizens, but does have enough to fund a bail out of a failed financial institution that pays its top executives millions a year in salary and bonuses....?

Go figure...
 

J-Donk

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I am not sold on the fact the financial sector in it's current form is a net positive to society.
 

varanook

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Because banks provide important societal needs like ATM's and credit cards! :aargh:

There is no reason ever for banks to be bailed with tax payer money ******* ever.

These big banks should be torn apart violently and all the criminals involved guillotined.
 

varanook

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So the US doesn't have the money to fund universal free healthcare for its hard-working, tax-paying citizens, but does have enough to fund a bail out of a failed financial institution that pays its top executives millions a year in salary and bonuses....?

Go figure...
Just going with this general theme. we have 400 billion plus to spend on a damn fighter jet that doesn't work but the "sequester" will cut food inspectors. Source-CBS News
Buit hey the food inspectors managers will still be employed. Will they go in the field and food inspect? No, they will manage of course.
 

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