Wonder where the money went?
Rep. Jan Schakowsky (D-Ill.), sponsor of the Fairness in Taxation Act, has an idea...
In the United States today, the richest 1 percent owns 34 percent of our nation’s wealth—that’s more than the entire bottom 90 percent who own just 29 percent of the country’s wealth. And the top one-hundredth of 1 percent now makes an average of $27 million per household per year. The average income for the bottom 90 percent of Americans? $31,244. It’s time for millionaires and billionaires to pay their fair share.Past time, but better late than never, and better now than later.
Labels: Fairness In Taxation Act, High Income Tax, Jan Schakowsky, Tax Fairness
posted by Shaun at
7:12 PM
1 Comments:
Who says the 'Millionaires and Billionaires' aren't paying their fair share already?
In fact, they ARE!
And if the bottom 90% doesn't like it (or are jealous, as is mostly the case with Democrats) then they need to get off their duffs and make their lives better! Why should the wealthy be responsible for the not-so-wealthy?
What's 'fair' about that???
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