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 : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Little Joe who wrote (149431)	11/10/2010 10:49:50 AM
From: wonk	Read Replies (1) \| Respond to of 541933

....the more important question is why is this the case. That is a Public Policy Question - not a tax question. The answer is that over the last 30 years we've bought into the free market as God, every man for himself, winner take all philosophies. That's why executive comp can go from 30:1 lowest to highest to something like 300:1. The change in income distribution discloses our ideological choices. The change in wealth distribution shows BOTH our ideological choices and our tax choices. gotta go.

To: Little Joe who wrote (149431)	11/10/2010 12:22:44 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 541933

"The top 10% of the population, now capture 50% of the annual income. " the more important question is why is this the case." Raygun/Bush tax policies written expressly for their peer groups, the haves and the have mores. Bush gazed around the diamond-studded $800-a-plate crowd and commented on the wealth on display "This is an impressive crowd - the haves and the have-mores," quipped the GOP standard-bearer. "Some people call you the elites; I call you my base." cbsnews.com