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fintstone fintstone is offline
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And I would have thought that the fact that the "rich" are paying most of the taxes and a lrge portion of this increase would have been enough to make them happy...

Quote:
a disproportionate share of income taxes is paid by wealthy households, and their incomes are based much more on the swings of the stock market than on wages and salaries. About one-third of all income taxes are paid by households in the top 1 percent of income earners, who make more than about $300,000 a year. Because those households also earn the overwhelming share of taxable investment income and executive bonuses, both their incomes and their tax liabilities swing sharply in bull and bear markets.
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Old 07-10-2006, 12:11 AM
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