06-30-2010, 05:57 PM
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Too lazy to set a custom title
Industry Role:
Join Date: Dec 2005
Location: Narnia
Posts: 10,764
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Quote:
Originally Posted by mynameisjim
The wealthy pay roughly half the taxes they paid in the 1950's. It's just that their income has risen so fast relative to the middle class that even with their effective tax rate cut in half, they pay more than everyone else combined now.
This isn't a tax issue, it's an issue where the wealthy are running away with all the money while middle class wages are falling.
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