Quote Originally Posted by Irving View Post
I don't understand the thinking behind raising the taxes on the smallest percentage of the population.
That's easy, this is why they think it will help:

Wealth Distribution - Total Net Worth in 2007

Top 1 percent 34.6%
Next 19 percent 50.5%
Bottom 80 percent 15.0%


The top 20% of america has 85% of the wealth. What they fail to see is that now our market is not national it is international, if you tax the top 1% or even the top 20% they will just move to another country and take their money with them.