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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (158855)1/24/2003 3:20:56 PM
From: Tenchusatsu  Read Replies (2) | Respond to of 1583413
 
Ted, <What don't you see?>

The connection between the income chart they provide and the statements of wealth that they make. JJ drew out the distinction between wealth and income, which made things clearer for me.

Speaking of which, a good argument can be made by drawing out that distinction. If wealth is such a bad thing according to those bemoaning "tax breaks for the rich," why don't they propose a "wealth tax" instead of an income tax?

Tenchusatsu



To: tejek who wrote (158855)1/25/2003 6:45:06 AM
From: hmaly  Read Replies (1) | Respond to of 1583413
 
Ted Re...What don't you see? The wording is in English. Its also written clearly

One thing that isn't there is all of the losses in the stock market we have seen the last yr or two, which probably negates all of the gains. Most of the rich got rich on stock ownership, which simply isn't there anymore.