A-Infos (en) Workers Solidarity #74 - That's capitalism

[Worker <a-infos-en@ainfos.ca>]

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At the Lake City Army Ammunition Plant in Montana,
production is at its highest rate in 15 years - higher than
during the Gulf War. They recently received a $92 million
contract to produce 265 million rounds of small-caliber
ammunition for the US Army. Why so many bullets? There
are approximately 24 million people living in Iraq, thus it
seems it is either lunatic overkill, or the excess is for use
against other peoples living within Bush's "axis of evil", or
it's a cash gift to his arms business pals.

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The latest study by the Revenue Commisioners has shown
that Ireland's top earners pay tax at less than 15%. The
study was based on data from 1999/2000, a time when
ordinary income tax rates were 26% and 44% respectively.
The study shows that the tax rates are in fact meaningless
for high earners in the 26 Counties. About 12% of top
earners were paying less than 5%. The top 400 earners
took home tax allowances of ¤74 million (often for
investing in hotels and car parks).

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