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Politics : Politics for Pros- moderated

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To: D. Long who wrote (366405)5/28/2010 9:42:05 AM
From: aladin  Read Replies (2) of 793912
 
"The rich are not paying their fair share"

You have to understand the definition of Rich

Most people think of it as the Millionaire/Billionaire club, but it isn't. We do not tax substantial amounts of wealth in this and most other countries. Here we tax earnings - so when politicians discuss the Rich - they mean high earners.

If your a Billionaire invested in bonds - you can make millions, but earn little and pay little to no taxes.
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