[fintstone]

quote:
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Originally posted by lendaddy
"This top 1% of "wage earners" who pay 37.4% of income taxes, I wonder what percent of the nation's wealth they control."

I am struggling to figure out how this is any of your or my business????
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Wow, did you just say that?

It should be all of our business. Part of running an effective democracy is knowing the balance and distribution of wealth.

I know learning from history is a far off concept for some people but... If our country gets further twisted in to RICH and POOR classifications with no middle class then it will certainly change for the worse. We will just end up like other failed democracies over time. (as if the extremely wealthy really care though, they're all for here, now, and the all mighty dollar)
I agree with lendaddy. The government has no right to know specifically how much wealth I accumulate. If they tax my earnings when I receive them, they can extrapolate from there if they like. That is enough for their statistics. It is none of their business is I stuff it in my mattress and save it or spend it immediately...and they certainly should not be able base income taxes on whether I accumulate it or not..