On 10/17/2012 11:14 AM, amdx wrote:
On 10/11/2012 7:45 AM, iBoaterer wrote:
In article ,
says...

On Wed, 10 Oct 2012 17:44:51 -0700, "Califbill"
wrote:

as the
government has taken all available credit money from the economy

Right idea, wrong bad guy.

Facts say that the money is held by the richest people, who are
sitting on the money and keeping it out of circulation.

The government has foolishly printed more money in an attempt to put
more money in the hands of those that will allow it to trickle up.
That won't work.

Until a sizable portion of that 85% of cash held by the richest is
returned to the middle class, the economy CAN NOT get any better.

It is just a mathematical fact.

http://wealthfacts.org/?page_id=44

If the money were redistributed, it would not take long for the money to
return to the wealth accumulators, the poor don't save money. If they
did they wouldn't be poor.

I feel for the rich when someone says they don't pay their fair share.
It's just wrong. the top 10% of wage earners pay over 2/3 of all taxes.

In 2009

Top 1% of income earners pay 36.73% of taxes

Top 5% income earners pay 58.66% of taxes

Top 10% income earners pay 70.47% of taxes

Top 25% income earners pay 87.30% of taxes

Top 50% income earners pay 97.75% of taxes

Bottom 50% income earners pay 2.25% of taxes

From,
http://www.ntu.org/tax-basics/who-pa...ome-taxes.html

Mikek

Some of you may find this interesting, I did.
http://www.nytimes.com/books/first/s...llionaire.html
Mikek