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Old 10-15-2007, 10:06 PM
xorbie xorbie is offline
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Default Re: Ron Paul on taxation?

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Meanwhile, the riches 1%, earn 20% of all income in a year, while the bottom 50% earn 12%.

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momentary hijack

I'm wondering what people think when they hear this statement. What does it mean to you?

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Good question. And when he says the "riches 1%" (sic), does he mean top 1% of income earners in that year?

"Obviously" 20% is too much. I'm wondering, then, how much is the "correct" amount for the top 1% to earn. And what measures need to be taken to get to the correct distribution.

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14.7% Clearly we simply need to randomly take 5.3% and hand it out in a lottery.
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