Slouching Towards Oblivion

Friday, September 24, 2010

Quick Note

The culture war is back in a big way, and one of the favorite themes is "Poor Down-Trodden Rich People".

It's become Accepted Political Fact that the top 1% of Income Earners make 19% of Adjusted Gross Income, but they carry 37% of the tax burden.  What nobody ever seems to notice is that these same 1%-ers actually own 43% of the wealth.

If your argument is all about taxing people according to the benefits they receive from the economy, then you must be in favor of raising taxes on the Top 1% to more closely reflect the benefits they get.

Just sayin' - everybody oughta pay for what they get.

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