Highlights of this day in history: France falls to Nazi Germany on what becomes a day of several key events during World War II; Joe Louis knocks out Max Schmeling in their boxing rematch; Entertainers Judy Garland and Fred Astaire die. (June 22)
David: For those of you who agree with taxing the one percent at 65% as Mrs Clinton wants, pay attention. The average one per center makes $400,000 a year in the US. Now lets remove the 65% Federal tax you want. That leaves them $140,000 to live on. Now lets take the 5% state income tax (a very low estimate) $140,000-$20,000=$120,000 free and clear. Now lets take the 12.4% Social Security that the self employed pay. $120,000-49,600=70,400. Now take their medical insurance that they have to pay at $1,600 a month or 19,200 a year. That = $51,200 a year out of $400,000. How much is left to pay employees?