11-08-2010, 09:54 AM
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Confirmed User
Join Date: Aug 2004
Location: My dog is blacker than Tupac
Posts: 5,471
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Quote:
Originally Posted by stocktrader23
Nah, but they sure pretend like they do.
"The richest 1 percent of Americans now take home almost 24 percent of income, up from almost 9 percent in 1976."
"From 1980 to 2005, more than four-fifths of the total increase in American incomes went to the richest 1 percent."
"The richest 0.1 percent of taxpayers would get a tax cut of $61,000 from President Obama. They would get $370,000 from Republicans, according to the nonpartisan Tax Policy Center. And that provides only a modest economic stimulus, because the rich are less likely to spend their tax savings."
"The richest 0.1 percent of taxpayers would get a tax cut of $61,000 from President Obama. They would get $370,000 from Republicans, according to the nonpartisan Tax Policy Center. And that provides only a modest economic stimulus, because the rich are less likely to spend their tax savings."
You get the point.
http://www.nytimes.com/2010/11/07/op...stof.html?_r=2
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Top 1% ? $277,983 this is from 07 but sure its not that far off today
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