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Taxation - With A Little Rail Thrown In
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[QUOTE]Originally posted by Mr. Toy: [QB] If the topic is now taxes, the Bush tax cuts on the richest people should be allowed to expire. Why? Because the richest 1% of the population sucks up 23% of total household income, more than double their take of 10% in 1979. If the Bush tax cuts were to expire their take would be reduced to 20%, still double their share from 1979. In the last 30 years, 90% of all income growth went to the richest 10% of the population. Also in that time, CEO salaries went from being 30 times the average income of their employees to 300 times the average income. They can afford higher taxes. [/QB][/QUOTE]
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