Posted inNews

Precarious percentages

The Congressional Budget Office numbers he mentioned (income of top 1 percent increased by 275 percent) represents the period from 1979 to 2007, a period of time before the current recession started. This is not “the past three decades,” but, in fact, are the three decades between 1979 and 2007. —Bill Burton Oklahoma City Oklahoma […]

Posted inNews

Precarious percentages

The Congressional Budget Office numbers he mentioned (income of top 1 percent increased by 275 percent) represents the period from 1979 to 2007, a period of time before the current recession started. This is not “the past three decades,” but, in fact, are the three decades between 1979 and 2007. —Bill Burton Oklahoma City Oklahoma […]

Posted inNews

Soak the rich

The Congressional Budget Office says the top 1 percent pay 27.6 percent of all federal taxes compared to the 35.6 percent of all national wealth they own (the bottom 90 percent owned just 25 percent). Billionaire Warren Buffet pointed out in an Aug. 14 New York Times op-ed that because investment income is taxed at […]

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