Quote:
Originally Posted by vaylorie
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Good call. I don't know what planet you live on but 2012 Revenue for apple was around $150B (net income closer to $40B) and our federal deficit last year was around $1.1T. Yes, technically you could probably take all income from the fortune 500 companies and probably pay about 1/2 or perhaps 3/4 of the US annual deficit. This is a great idea, be sure to write your congressman!
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Your idea would also likely solve the wealth gap since the top 500 companies would also be worthless at that point and all the 1%'ers stocks would drop in value making everyone equally poor! I think you are on to something here...
03-06-2013, 12:38 AM
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