---------- Forwarded message ---------- From: Dante-Gabryell Monson <[email protected]> Date: Mon, Sep 26, 2011 at 9:53 PM Subject: rich divided over their taxation ? ( US? figures ) To: [email protected] http://blogs.wsj.com/wealth/ http://blogs.wsj.com/wealth/2011/09/23/the-rich-are-divided-over-taxing-the-... “Entrepreneurs who work in a complex knowledge economy are more likely to view wealth creation in collective terms and, as a practical matter, depend more on public structures,” he writes. “It makes sense to them to pay higher taxes to bolster these systems.” The old wealthy – those who made their fortunes outside the knowledge economy—are still fiscally conservative. But the new economy tycoons and those on the liberal coasts support a more progressive tax system. http://blogs.wsj.com/wealth/2011/09/16/the-top-5-grabbed-most-of-the-america... A new chart from the Economic Policy Institute<http://www.epi.org/publication/large-disparity-share-total-wealth-gain/>, using data from NYU Economist Ed Wolff, shows that more than 80% of the nation’s wealth gains between 1983 and 2009 went to the wealthiest top 5%. The top 1% gained 40% of the nation’s total wealth gain, while the next 4% gained 41.5%. -- P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net Connect: http://p2pfoundation.ning.com; Discuss: http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation Updates: http://del.icio.us/mbauwens; http://friendfeed.com/mbauwens; http://twitter.com/mbauwens; http://www.facebook.com/mbauwens
