Fred
Fred, pretty obvious your suffer from cultural lag. The top 1% of income earners in the United States pay less than their wealth in income taxes. Not an opinion, a fact. Haven't you ever heard how the wealthiest Americans often end up paying NOTHING in income taxes because they go through so many loopholes to avoid it? Next example of cultural lag, The Millionaire Next Door was written during the 1990s. This is the 2010s. The majority of wealthiest Americans mainly get their wealth through inheritance. "Inheritance" does not necessarily mean getting money from when their parents die, it can be things along the lines of getting their college education entirely paid for, their first car paid for, their first house paid for, etc....
Finally, the CBO came out with a report stating that keeping the Bush tax cuts for the wealthiest Americans would cause long-term structural damage to the economy of the United States. The right wing theory that tax cuts for the wealthiest Americans helps the economy once and for all has proven to be a total myth.
Fred, funny how you are such a supporter of the wealthiest Americans considering you live in Scottsdale, AZ, one of the wealthiest suburbs in the nation. When rich people fight for their economic interest, it is called capitalism. When the poor and middle class fight for their economic interest, it is called class warfare. It is time the wealthiest Americans, many of whom did NOT work for their wealthy, actually pay their fair share.
