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Re: Capital gains tax rates benefiting wealthy feed growing gap between rich and poor 

By: Decomposed in FFFT | Recommend this post (1)
Mon, 12 Sep 11 6:34 PM | 47 view(s)
Boardmark this board | Food For Further Thought 		Msg. 33338 of 65535
(This msg. is a reply to 33337 by Decomposed)
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re: "They're generally the 20% who went to college and got their degrees."

I just re-read that post and have to admit that I'm wrong.

The top 20 percent are generally the 20 percent who have two, hard-working wage earners. I would hope that married college graduates fresh out of school would be in the top ten percent.

And I bet that you, OCU, are in the top five percent even without your wife's income.




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Re: Capital gains tax rates benefiting wealthy feed growing gap between rich and poor
By: Decomposed in FFFT
Mon, 12 Sep 11 6:28 PM 		Msg. 33337 of 65535

OCU,

re: "It was recently reported that the top 20% in this country now own 84% of the wealth of America."

I hope you won't try to argue that you aren't included in that "top 20%." Do you feel guilty about what you've got?

Since average household income in the United States is about $48,000, I'd guess that the top 20 percent is probably households bringing in more than $75,000.

In other words, it is every household that is even moderately successful.


re: "When are we as a society going to acknowledge that that's enough?"

When are people going to stop being stupid? A decent living is DESERVED by "the top 20%." They're generally the 20% who went to college and got their degrees.

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