08-02-2011, 10:15 AM
(This post was last modified: 08-02-2011, 01:02 PM by Peter Lemkin.)
I'd heard 77 Billion....did they already spend or hide 7 Billion of it?!:lol:
Great debate by experts [out of the country, but all Egyptian] just now. One economist said Mubarak makes [officially] 1 Billion per year and pays 20% tax on it. The man who sweeps the street who makes 1000$ per year also pays 20% on that. Fair enough. I forget the exact figure, but it was something like 4% of Egyptians own almost 90% of the wealth....sort of like the UK and USA.
Great debate by experts [out of the country, but all Egyptian] just now. One economist said Mubarak makes [officially] 1 Billion per year and pays 20% tax on it. The man who sweeps the street who makes 1000$ per year also pays 20% on that. Fair enough. I forget the exact figure, but it was something like 4% of Egyptians own almost 90% of the wealth....sort of like the UK and USA.
"Let me issue and control a nation's money and I care not who writes the laws. - Mayer Rothschild
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass