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Politics : View from the Center and Left
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To: wonk who wrote (149429)11/10/2010 10:08:50 AM
From: Paul Smith  Read Replies (1) of 541906
 
The top 10% of the population, now capture 50% of the annual income.

...and what percentage of the taxes are paid by the top 10%?

So what rate of taxation would be necessary for only the so called "wealthy" to cure the budget deficit?

Spending needs to be cut - the government can not continue to grow at a pace faster than the economy as a whole forever.
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