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Old 12-06-2011, 09:53 PM
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Cannon Shell Cannon Shell is offline
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Join Date: Aug 2006
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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.'
Financial wealth can mean a lot of things. If you have 10 million dollars of gold sitting in a safe deposit box it isnt taxable until you sell it for a profit. There is a difference between assets and taxable income obviously but often this gets lost in the translation.
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