ricksfolly
DP Veteran
- Joined
- Dec 28, 2009
- Messages
- 2,236
- Reaction score
- 232
- Location
- Grand Junction, CO 81506
- Gender
- Male
- Political Leaning
- Independent
In the latest Newsweek, Samuelson says the 2 percent who earn over $250,00 a year represent a quarter of all consumer spending so if their taxes are raised it would have a negative effect on the economy.
When you consider that both rich and the 98 percent poor and middle class buy the same basic things, food, clothes, cars, gas, etc... S's figuring doesn't add up, and even if the 2 percent rich pay twice as much for the basics and yachts and other goodies, his figures still don't even come close.
ricksfolly
When you consider that both rich and the 98 percent poor and middle class buy the same basic things, food, clothes, cars, gas, etc... S's figuring doesn't add up, and even if the 2 percent rich pay twice as much for the basics and yachts and other goodies, his figures still don't even come close.
ricksfolly