Jim Oakland Wrote:
Dec 06, 2012 9:58 AM
2nd largest economy in the world, China, has a tax revenue of $924 billion. China has a surplus. 1st largest economy in the world, USA, has tax revenue over $2 Trillion. USA has a $1.1 Trillion deficit. China has nearly 4 times as many people and less than half the tax revenue. We do not have a revenue problem at all. We have a very very bad spending problem.