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Who Are the Top 1 Percent?
Townhall ^
| 11-10-11
| Michael Medved
Posted on 11/10/2011 11:32:41 AM PST by Driftwood1
President Obama echoes the Occupy Wall Street Movement in demonizing the top 1 percent—suggesting that prosperous people somehow create painful problems for the rest of us.
But the president never bothers to answer a basic question: who makes up the top 1 percent? Economists Joe Bakija, Adam Cole and Bradley Heim have completed authoritative research on leading earners—some 1,400,000 taxpayers in 2010, each of whom earned more than $380,000.
(Excerpt) Read more at townhall.com ...
TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: 1; 99percentlie; bhofascism; earners; hollywood; obama; occupy; onepercenters; ows; taxes
To: Driftwood1
From listening to the OWS and their semi-incoherent rants, I would guess that the “one percent” is actually the 53% gainfully employed and the 99% are the professionally unemployed.
2
posted on
11/10/2011 11:43:30 AM PST
by
JimSEA
(The future ain't what it used to be.)
To: Driftwood1
Dear OWS Movement, I am a member of the top 53%. That is, I am a tax paying member of society helping to carry the weight of the other 43% of society -- a significant portion of which is unnecessarily dead weight. I think you'll find it more productive to target the 43% instead of the 1%. It's a larger audience, cumulatively has more to offer, and is representative of an ideology that ought not be advanced in a Democratic Republic. Unless you, yourself, are a member of this 43%, or a Marxist/Socialist/Communist, I'm sure you'll understand. If you do understand, the Tea Party welcomes you. Help us make a positive difference. Signed, We the People
3
posted on
11/10/2011 11:46:11 AM PST
by
so_real
( "The Congress of the United States recommends and approves the Holy Bible for use in all schools.")
To: so_real
Aargh -- an excellent point was there to be made, but utterly destroyed by typing 43% instead of 47% ... Now the OWS people will mock my math instead of looking in their mirrors. A teachable moment completely lost to them ... pity.
4
posted on
11/10/2011 11:49:17 AM PST
by
so_real
( "The Congress of the United States recommends and approves the Holy Bible for use in all schools.")
To: Driftwood1
Matt Damon
Sean Penn
Susan Sarandon
Tim Robbins
all 1%ers.
All with teams of tax lawyers.
5
posted on
11/10/2011 11:56:02 AM PST
by
NoLibZone
(Occupy is the DNC's use of children,indigent & infirm to push back TeaParty calls for smaller gov't)
To: Driftwood1
I don't care who the top 1% is.
I am in the top 53% that are paying all federal income taxes and I resent the 47% who don't.
6
posted on
11/10/2011 11:57:25 AM PST
by
pfflier
To: so_real
Click the report abuse for both of your replies and ask the moderator to dc both replies.
Then you can post the correct data and donate a little to FR for the help.
7
posted on
11/10/2011 12:03:37 PM PST
by
Grampa Dave
(ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
To: Driftwood1
makes me wonder how many people have ‘gone Galt’
8
posted on
11/10/2011 12:15:13 PM PST
by
sten
(fighting tyranny never goes out of style)
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