> From: Dan Minette <[EMAIL PROTECTED]> > The Federal reserve has just issued its latest report on net worth in 2001, > and the distribution thereof. Not unexpectedly, the tend of wealth > concentration continues. The top 10% now has 80.7% of total net worth in > the United states, up from 78.9% in '92. The bottom 50% now has 1.3% > compared with 1.5% in '92. The top 25% owns 93.9%, compared with in 92.7 > in 92; while the bottom 75% owns 6.1% compared with 7.3% in '92. > > Net worth, BTW, includes the value of one's home-mortgage. I've read a > financial column which said that, for a large number of people, prices in > the used car market is the prime market are far more important than stock > market prices in determining net worth. > > So, Bush unvails a plan to focus tax cuts on dividends, thus preferentially > cutting the taxes of those who already are the most wealthy. The logical > conclusion is that he thinks the trend of concentration of wealth is a good > thing. I don't. Does anyone else agree with Bush?
Do you remember my post about the decreasing minimum wage I posted last year? If I weren't already the anti-christ, then bush would have to be. Matthew 13:12. _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
