[Vision2020] CNN Breaking News

Tom Hansen thansen at moscow.com
Sun Aug 7 14:25:51 PDT 2011


Roger Falen stated:

"Increasing the tax on the super rich will not work, They make up only a small percentage of what is needed."

The top five percent pay 60% of the national income tax.  That has been said and reiterated so many times that is has become a mantra for those demanding that the tax structure be modified.

It should also be noted that the top five percent earn 80% of the national income.

Translation:  Sixty percent of national income tax is paid on 80% of national income.

So, let's balance the books, ok?

Seeya round town, Moscow.

Tom Hansen
Moscow, Idaho
 
"The Pessimist complains about the wind, the Optimist expects it to change and the Realist adjusts his sails."

- Unknown

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