Wait if im not mistaken only 10 percent of our gdp comes from …

• Tags: China, Money, Politics, Rankings, Statistics, Taxes, USA
  

Comment on Look Who Owns The USA… by Anonymous:

wait if im not mistaken
only 10 percent of our gdp comes from taxes

i doubt we are paying our debt with only taxes

Anonymous made other comments on this post:

• Look Who Owns The USA…:
  

  The money from China isn’t a loan. It’s a gift.

• Look Who Owns The USA…:
  

  The USA isn’t a train,it’s more like a dead weight that creates economical crisises with its financial system (banks,hedge fonds and stocks that have no value in reality but thousands of billions in cyber cash…) and is going to pull us all down if we keep getting involved too much with them (last years bank-fatality and their stupid rating-agencies weren’t enough already as it seems,we need to provoke a global financial crisis this time and all because of America who made our money worthless …

• Look Who Owns The USA…:
  

  we should get our money back to pay our own debts… 61,3 billions would at least be a start to pay back the 2300+ billions of debt we amassed already….

• Look Who Owns The USA…:
  

  Now you’re just being silly…they lend us money because everyone loves America…right? Someone back me up here…anyone?

• Look Who Owns The USA…:
  

  You might want to take into account that Laffer himself said that his curve ONLY works in circumstances of very high taxation. It doesn’t apply to the present situation. The claim that the Laffer curve somehow applies outside a situation of extremely high taxation is just a complete fabrication. Not that I’m accusing you of any dishonesty. All I’m saying is that the idea that raising taxes in an ordinary situation would not increase revenues is pure voodoo-economics and promoted by rich people …

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