"The government buys stealth bombers with taxpayer money taken from the vast middle class, so even if your neighbor doesn't need one, they are paying for them."
Maureen, I am trying to figure out your point. A major focus of the editorial was that the middle class is buying all of the "stuff" that the economy is producing. So, while taxes may help buy a stealth bomber for the Air Force, my neighbor isn't buying one to park in the garage. Maybe you're saying that taxes are being spent on things that the middle class don't want or that taxes are too high. I'm with you on that. Anyway, your point does lead to an interesting aside. How much of the stealth bomber is my neighbor paying for? The top 50% of wage earners pay 96% of federal income taxes. The top 10% of wage earners pay 65% of federal income taxes. The top 5% of wage earners pay 53% of income taxes. This probably isn't enough of a hit on the wealthy for Mr. Reich, but it does seem to be a significant amount. J - No man's life, liberty, or property is safe while the legislature is in session. - Mark Twain The artificial aristocracy is a mischievous ingredient in government, and provisions should be made to prevent its ascendancy. - Thomas Jefferson ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:326929 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
