DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - The rich are getting richer much, much faster.

**Aminkaoo** · 05-21-2012, 05:44 PM

Btw, properly measured the people who were the top 0.1% or maybe even 1% in income in 2007 should have had negative income in 2008.

For one (two) year, yes. And obviously for that year they would pay no taxes (if we decide to tax based on income, as I said, I think it makes more sense to tax based on consumption/wealth due to difficulty in accounting).

But if we go on the ~30 year average it is very high.

JM

05-21-2012, 05:44 PM	#18
Aminkaoo Join Date Nov 2005 Posts 464 Senior Member	Btw, properly measured the people who were the top 0.1% or maybe even 1% in income in 2007 should have had negative income in 2008. For one (two) year, yes. And obviously for that year they would pay no taxes (if we decide to tax based on income, as I said, I think it makes more sense to tax based on consumption/wealth due to difficulty in accounting). But if we go on the ~30 year average it is very high. JM
	Quote