quote:Originally posted by MOBY:quote:Originally posted by b50m:
ith the wealthiest 1 percent of taxpayers paying roughly 33.7 percent of income taxes and earn just 16.5 percent of income, it's hard to argue they're not paying a fair share by any reasonable definition of "fair."
Is that income gross income or taxable income (after deductions, shelters, etc)?
The wealthiest 1% own 40% of the nations wealth. The top5% own 60% of the nations wealth. The top 20% own 80% of the nations wealth.
The bottom 20% own less than 1% of the nations wealth.