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


To: steve harris who wrote (215781)1/23/2005 2:45:51 PM
From: SilentZ  Respond to of 1588557
 
>I think you would be surprised how much money rich people spend...

They spend tons of money, on an absolute basis -- but, on a percentage basis? No way. Poor people don't have 401ks and stock accounts.

>Or think of it another way: How does raising income tax rates bother rich people with no income? They're already rich and don't work anymore right?

Yeah, but most have a steady stream of capital gains income.

-Z