On 14 December 2011 21:24, Zell, Chris <chrisz...@wetmtv.com> wrote: > How much government spending goes to the richest 1%? Very little, I think.
This is the very problem of current socialist policy. However, if we use 99% of collected tax revenues to support purchasing power of middle class, that is we have basic income economic system. Then the most of the tax what rich are paying will return to the rich. That is because exactly 100 percent of the rich people's income is payed from the purchasing power of the middle class. Therefore we should practice economic policy that maximizes the purchasing power of middle class. With proper economic policy we can greatly expand the middle class. This means huge increase of salary for the Walmart capitalists. Because it is obvious, that no other than middle class does pay their salary. Poor people are, although numerous but still lousy customers. You just need to understand, that in basic income economy, almost all tax revenues are returned for the rich people! And also you must understand that, basic income will also abolish government as useless, because in basic income economy there are only three social classes. Middle class, rich people, and super rich people. We have no need for welfare state or free education and medicare, because everyone has plenty of money to pay for their basic needs. What they had in Star Trek, they had basic income economy. That is beyond socialism and capitalism. Because basic income economy is the only proper way to practice free market economy. Because market economy is based on purchasing power of median consumer and basic income economy will maximize the median purchasing power of median consumer. –Jouni
