Tuesday, September 20, 2011

Taxing The Rich

Why (and how) to tax the super-rich - latimes.com: "...The more serious inequality problem facing the United States involves overall wealth, not just income. While the top 1% of Americans earned 21% of the nation's income, they owned a staggering 35% of the wealth in 2006-07, the most recent year for which statistics are available. We should be taxing that wealth directly, and not merely focusing on million-dollar incomes..."

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