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Old 11-08-2010, 09:54 AM  
datatank
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Join Date: Aug 2004
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Quote:
Originally Posted by stocktrader23 View Post
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


Top 1% ? $277,983 this is from 07 but sure its not that far off today
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