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Political Factoid
Taken to the limit
-- at the rate we are now going
-- the United States will end up with:
- Near 100% foreign manufacturing
(a Republican preference)
cf. 155
- Near 0% U.S. Federal income tax from production workers.
cf. 555
- Huge state sales taxes (e.g., 50%)
(The preferance of Conservatives is to have most government functions at state level.)
- Near 0% capital gains tax
(a Republican preference)
cf. 256
RESULT:
- U.S. Government funded nearly 100% by the Chinese.
(Advantageous to big financial companies as they get "cut of the action.")
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