Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SilentZ who wrote (358650)	11/15/2007 1:09:07 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 1573145

Z, > I can't find stats on income, but I can find that the top 20% own 84% of the wealth in this country. It's very important to draw out the distinction between income and wealth, because I've been pointing this out for quite a while. People who are already rich don't care about jacking up income taxes, because they know it will never affect them. People who aren't rich yet but have the greatest capacity to become rich will be screwed over by high income taxes, because their income is the very means by which they will become rich. Hence their only alternative is to effectively "win the lottery," if you get my drift. Tenchusatsu