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Old 12-06-2011, 09:34 PM
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Riot Riot is offline
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Quote:
Originally Posted by Danzig View Post
when i asked google, this was the top article in the results:

http://www.mybudget360.com/top-1-per...f-mega-wealth/

'42 percent of financial wealth is controlled by the top 1 percent.'
Cannon left this part of his article out of his quote:

Quote:
So, what are the facts behind the debate? How much do wealthier Americans already pay in taxes?

Quite a lot of money, but perhaps not as much as is implied by the nation's progressive income-tax brackets, in which tax rates rise along with income.

One analysis, released Friday, finds that high-income Americans pay overall taxes that are roughly proportional to their income – and that most lower-income groups do the same.
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