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Originally Posted by aceventura3
Here is an analysis by the Heritage Foundation:
http://www.heritage.org/Research/Economy/wm1592.cfm
I guess the last sentence is a key point. Is the basis of the data you posted above based on gross or net after taxes income. Since your point is relative to tax policy, that is an important question. |
ace...I've posted reams of data that support the observation that the top ten percent are concentrating total US wealth, as the wealth of the lesser 90 percent declines.....this is a 30 plus year trend.
You have now countered with a piece about recent interpretation of income distribution....from heritage.org. Heritage is a conservative lobbying entity, supported by Richard M. Scaife and the Olin Foundation....it does not issue "research" equivalent in reliability to what is released on the Federal Reserve Board site, as an example.
Your response is to deny that there is a long history of continued wealth concentration....into the top ten percent, with a huge concentration into the top one percent.....so, therefore there is nothing to discuss...no problemo.....so be it, then.....adios !