[P2P-F] Fwd: rich divided over their taxation ? ( US? figures )
Michel Bauwens
michel at p2pfoundation.net
Mon Sep 26 18:44:12 CEST 2011
---------- Forwarded message ----------
From: Dante-Gabryell Monson <dante.monson at gmail.com>
Date: Mon, Sep 26, 2011 at 9:53 PM
Subject: rich divided over their taxation ? ( US? figures )
To: econowmix at googlegroups.com
http://blogs.wsj.com/wealth/
http://blogs.wsj.com/wealth/2011/09/23/the-rich-are-divided-over-taxing-the-rich/
“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-americas-gains/
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%.
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