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Politics : Mainstream Politics and Economics
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To: i-node who wrote (50216)8/4/2013 3:40:52 PM
From: Broken_Clock  Read Replies (1) of 85487
 
I understand vey well. The tax laws are lobbied into existence by billionaires for their benefit. Of course you must hate that type of regulation, right?

Over half — 54 percent — of all capital gains and dividend income flows to the 0.2 percent of households with annual incomes over $1 million.

More than three-quarters — 78 percent — of this income goes to those households with income over $200,000, which account for about 3 percent of all households.

In contrast, only 11 percent of capital gains and dividend income goes to the 86 percent of households with incomes of less than $100,000.

Only 4 percent of this income flows to the 64 percent of households that have income of less than $50,000.

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