ST Alpha - "Study: Income inequailty is at an all time high. In the Bush-era economic expansion, the top 1% of earners accounted for two thirds of income growth -- (link)" (Reading a Post)

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Study: Income inequailty is at an all time high. In the Bush-era economic expansion, the top 1% of earners accounted for two thirds of income growth -- (link)

Posted by znufrii Aug 14 '09, 08:35

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http://www.huffingtonpost.com/2009/08/14/income-inequality-is-at-a_n_259516.html (www.huffingtonpost.com)

Responses:

and paid how much of the taxes? -- nm - zork Aug 14, 08:40 4
- as of 2005, 27.6%, on income accounting for 18% of total pretax income. -- nm - znufrii Aug 14, 08:49 2
  - and an effective total federal tax rate of about 30% -- nm - znufrii Aug 14, 08:51 1
    - though I'm not sure either of those fiugures are relevant to the point that the study is making. -- nm - znufrii Aug 14, 08:55
- How should we know? Why are you asking us? -- nm - UBS Aug 14, 08:49
So? -- nm - Don Homer Aug 14, 08:37

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