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Old 07-23-2008, 05:10 PM   #31
k&s
Senior Member
 
Join Date: Jan 2007
Posts: 1,020
^
Uhh, the "rich" pay a higher % of the tax burden b/c they increasingly control a higher % of the nation's wealth (thanks to Bush - btw, I'm in the "high-income" bracket, but I'm concerned since the core of a democracy is a strong, vibrant middle class).

Quote:
The richest 1% of U.S. households -- those with annual incomes of $348,000 or better -- now control 34.3% of the nation's net worth, while the bottom 40% of households dispose of just 0.2% of America's wealth.
The percentages get even more obscene when you look at the top 0.1%.
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