On Nov 25, 2005, at 7:45 PM, Michael Lew wrote:
At the moment, in your country and mine, the very wealthy pay very
little tax.
The top 1% earners in the US pay 34% of the taxes.
The top 5% earners in the US pay 54% of the taxes.
The top 50% earners in the US pay 97% of the taxes.
If a wealthy person here is not paying much tax, it means they are
likely going to not be wealthy much longer.
Dennis
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