<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote">Originally posted by roneski
OK, time for some perspective. The top 1% of the united states owns more wealth than the entire bottom 95% combined. Say the numbers from your article are accurate. How is it fair that top 1% are only responsible for 1/3 of the tax burden while everyone else picks up the rest?
"America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves."
-- Abraham Lincoln
<hr height="1" noshade id="quote"></blockquote id="quote"></font id="quote">
Wow - there is so much wrong with those statements its hard to know where to start.
Lets take a real basic approach though. Even if we assumed your 1% figure was right, you aren't talking about taxing new income - you are advocating retaxing existing wealth with your comments.
In other words, if I own 1 billion dollars, and I've already paid taxes on the 2 billion dollars I earned so I could have 1 billion dollars - are you saying I should pay tax, even if I didn't make any more money?
Randy
|