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


To: Elroy who wrote (287597)5/11/2006 7:00:15 AM
From: Road Walker  Read Replies (1) | Respond to of 1571646
 
re: Through personal accounts, mutual funds and corporate retirement packages something like 50% of US households own stocks, so unless you consider all 50% the "very wealthy", your statement is incorrect.

What percentage of stocks is owned by the wealthiest 10%?



To: Elroy who wrote (287597)5/11/2006 11:55:44 AM
From: bentway  Read Replies (1) | Respond to of 1571646
 
I own stock. So does Warren Buffet.

Which one of us gets his entire income from stock sales and stock dividends? Warren Buffet gets by paying the 15% cap gains tax - the one Bush would like to be ZERO, while I pay a much higher personal income tax rate on my salary.

It doesn't seem fair to me. Even Warren, to his credit, thinks it's unfair.