View Single Post
  #76   Report Post  
posted to rec.boats
Eisboch[_4_] Eisboch[_4_] is offline
external usenet poster
 
First recorded activity by BoatBanter: Dec 2008
Posts: 1,521
Default OT Confiscatory taxation


"wf3h" wrote in message
...

as the nobel prize winning economist paul krugman pointed it, it's as
if for every year of the last 30, every middle class family sent a
check for $10,000 to the richest 0.1% of americans.

--------------------------------------

Bull****.

"It's as if" is not "as it is".

The rich got richer because the world got richer. Wealth was created, not
redistributed from the middle class. I agree that wealthy people are
typically in a better position to gain more wealth through wealth creation,
but they are not "taking it" from middle class.

Where you people get this goofy idea, I don't know.

BTW, Some of the "facts" that are throw around are also simply not true.
In reality, the upper 20 percent (wealth wise) control one third of the
wealth, not the ridiculous numbers perpertuated by some, like "the upper 1%
controls 80% of the nation's wealth".

Eisboch