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Technology Stocks : JDS Uniphase (JDSU)
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To: Investor2 who wrote (23195)12/26/2002 3:20:31 PM
From: Proud_Infidel  Read Replies (3) of 24042
 
According to preliminary data released by the Internal Revenue Service, the top-earning one percent of U.S. taxpayers (annual income over $293,415) made 19.5 percent of the income earned in 1999 and paid 36.2 percent of the total federal individual income taxes collected that year. This fraction of the tax burden paid by the top one percent--well over a third of the total--is up from 25.2 percent ten years earlier in tax year 1989 (data for 1999 is the latest available).

Cry me a river.

How many of these people are the Jeffrey Skillings, Ken Lays, Jack Grubmans, and Bernie Ebbers of the world? VERY FEW people making these Big Bucks truly earn it from my experience. It is not an easy thing to create value in business, and yet many people get rich by falsely claiming to. You are in fact arguing that these people(the people I mention above) pay too much in taxes! Ludicrous.
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