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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (631200)10/11/2011 9:09:00 AM
From: bentway  Read Replies (2) of 1577030
 
It's pretty clear to all except those that would obfuscate, that the OWS movement wants the 1% to pay (in a percentage of taxes) AT LEAST what the 99% does, as stated by Warren Buffet.

What don't you understand about that? The 1% should not control as much of America's wealth as the other 99%!

American should NOT be #65 in wealth disparity!

Next is the chart that everyone has seen as it pertains to America,
but few have seen in terms of the entire world. Per CS, Figure 1 shows
“The global wealth pyramid” in striking detail. It is made up of a solid
base of low wealth holders with upper tiers occupied by fewer and fewer
people. We estimate that 3 billion individuals – more than two thirds
of the global adult population – have wealth below USD 10,000. A further
billion adults (24% of the world population) are placed in the USD
10,000–100,000 range, leaving 358 million adults (8% of the world
population) with assets above USD 100,000. Figures for mid-2010
indicate that 24.2 million adults are above the threshold for dollar
millionaires. While they make up less than 1% of the global adult
population, they own more than a third of global household wealth. More
specifically, individuals with wealth above USD 50 million are estimated
to number 81,000 worldwide.


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