Wednesday, July 16, 2014

Surprise: The Top 20% of U.S. Income Earners Pay 93% of The Taxes...




Contrary to conventional wisdom, the rich do a lot for the rest of us, not always because they intend to.

In America, high-income households:


• Pay most of the income taxes

• Contribute heavily to charity

• 
Save their money and invest in companies

• Invent, improve or make cheaper goods and services we love

• Start companies and create jobs

• Pay the high cost of new products



Read More @ Investor's Business Daily:

http://news.investors.com/ibd-editorials-brain-trust/071114-708479-thomas-pikettys-idea-to-tax-the-rich-would-make-us-all-poorer.htm#ixzz37OpfCsmi

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