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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (44437)	7/28/2010 6:21:02 PM
From: TimF	Read Replies (1) \| Respond to of 71588

What is the TREND???????????????????? (Are they gaining faster then others, losing wealth at a faster rate then others... or no difference in rate?) Irrelevant to the point under consideration. Gaining wealth or losing wealth is not the same as having wealth transferred to you. And even sticking just to transfers, if there was a trend in the amount that was transferred from the wealthy to the not wealthy, it wouldn't change the fact that money is being transferred that way. Also, until the recession started the trend was for the wealthy to pay a larger and larger portion of the tax burden (and yes a large part of the reason for this is that they had been making more and more money, but that change is a good thing, and more to the point is an irrelevant one. If Bob's only income is transfers from Bill, and Bill pays 5% of his income to Bob, then Bill's income doubles, the fact that Bill gets 95% of the benefit doesn't change the fact that the transfer has increased.