posted on Aug, 17 2010 @ 12:12 AM
Originally posted by Johnze
So from what i understand, this is saying that 98% of Americans earn under 250,000 dollars a year.
Is that true?, Ive not actualy checkd, however thats quite a frightning disparity in wealth.
According to factcheck.org,
1 in 50 households (or
about 2% of households) make more than $250,000 a year.
If you consider the 2010 estimated number of households from the US Census
that's about 2.3 million households making more than $250k/year.
If you take the same table that's 5,750,000 people making that much money, or (to roundabout our way to the point) 1.87% of the population (based on
estimated population of 307 million).
Yes, that is a frightening disparity of wealth.
Originally posted by neo96
iyou wanna know the biggest difference between the rich and you- they dont expect anyone to give them a handout.
Actually, they do. Especially major corporations. Ever hear the term 'corporate welfare'
It's generally not expected of a major business or corporation to pay the full land tax that a smaller business would pay, let alone the
infrastructure installed entirely by the city for their proposed buildings.
I enjoy picking on Wal-Mart for this. Wal-mart gets cities to build them roads, water and power lines IN ADDITION to giving them a tax break on land
just to build a store somewhere. More information can be found at Walmartsubsidywatch.org
Of course, if you're an elected official and don't give these handouts to the rich, you're a 'job killer' and can count on not getting re-elected
because of adding to your community's unemployment. At least, that's what the rich will have you believe.
Edit: Second quote response.
[edit on 17-8-2010 by links234]