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Call To Power 2 Cradle 3+ mod in progress: https://apolyton.net/forum/other-games/call-to-power-2/ctp2-creation/9437883-making-cradle-3-fully-compatible-with-the-apolyton-edition
Originally posted by Patroklos
If it makes you feel any better, most of those taxes don't come from the average joe
That's simply not true. If you take the total tax burden on all levels and add in tax receipts from corporations too (in other words all tax income) then you're way off the mark. You're only talking about income tax.
Income taxes normally account for well over 50% of tax takes, but then, most taxes are paid by people earning a lot of money.
To give the benefit of the doubt I would assume that he is talking about demographic, not about type of taxation (corporate, income etc). ie The richest 10% pay something like 90% of the taxes. The average Joe therefore pays peanuts in comparison.
One day Canada will rule the world, and then we'll all be sorry.
Originally posted by The Mad Monk
...and thus at the first whiff of trouble, all the "informed" customers pull their money out, and the banks crumble under a run.
i don't really understand your point, seeing as how that's pretty much what happened at northern rock...
of course, there wasn't a lot of depositor's money there to start with, which is why the rock crumbled when the credit markets seized up.
"The Christian way has not been tried and found wanting, it has been found to be hard and left untried" - GK Chesterton.
"The most obvious predicition about the future is that it will be mostly like the past" - Alain de Botton
More key observers are saying the U.S. economy is in recession. What are the implications of the R-word — and what is the import of the Federal Reserve's decision to help bail out the ailing investment bank Bear Stearns?
Basically the US is now in recession and it's just a matter of time before the official report comes out. Chalk two recessions up for Bush.
Originally posted by Oerdin
And he's ignoring state and local taxes to boot. When you look at the total tax burden which everyone pays the numbers are much more balanced.
Care to share those numbers?
One day Canada will rule the world, and then we'll all be sorry.
I ain't looking them up but logic says all those property taxes, sales taxes, and local fees (effectively taxes for government services) add up to a pretty penny.
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