Quote:
Originally Posted by waynet
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Feeding class envy and villifying everyone who is
productive and solvent, by calling them "the rich" is part of the spreading malignancy in political talk in recent years.
Just who ARE "the rich"???
Pres. Obama said early on that people making $250,000 are "the rich" not paying enough income tax.......
.....but all the professionals we know such as doctors, lawyers, engineers, sales businessmen, and all the small business founders/owners we know.....all make about $250,000, and they claim their income on PERSONAL income tax filings. AND, these
producing and solvent workers/entrepeneurs provide jobs for many other household breadwinners.
It's time to define who "the rich" really are.
People in the $250k range certainly do not fit into this description of "the rich" from the article above stating "the rich" not paying enough is the problem:
"In 2008, the IRS revealed this past May, 400 Americans reported at least $110 million in income on their federal tax returns. These 400 averaged $270.5 million each, the second-highest U.S. top 400 average income on record.
In 1955, by contrast, America’s top 400 averaged — in 2008 dollars — a mere $13.3 million. In other words, the top 400 in 2008 reported incomes that, after taking inflation into account, amounted to more than 20 times the incomes of America’s top 400 a half-century ago."
http://www.alternet.org/economy/1517..._would_vanish/