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I am talking about the top 0.1% plus some of the top 0.5%.
You know the guys - they get paid mostly in share options or carried interest or hold most of their wealth in trust funds or offshore to escape paying taxes.
Mitt Romney will still be paying his 15% tax rate while middle earners will pay higher rates.
Putting up the payroll tax by 2% and paying an extra $2,000 is negligible to Romney.
For people earning $110,000 and less - it's a huge hit for them.
Barack Obama's economic and tax policies are VERY generous to people like Mitt Romney.
They are REALLY HURTING middle earners and below.
The bottom 50% don't even earn a liveable wage.
Median income is now down to just above $30,000 and still falling.
It is now back to the levels of 1970. How are you supposed to bring up a family on that?
http://ian56.blogspot.co.uk/2012/11/unemployment.html
These charts explain things.
http://ian56.blogspot.co.uk/2013/03/some-charts-on-jobs-and-wages.html
You know the guys - they get paid mostly in share options or carried interest or hold most of their wealth in trust funds or offshore to escape paying taxes.
Mitt Romney will still be paying his 15% tax rate while middle earners will pay higher rates.
Putting up the payroll tax by 2% and paying an extra $2,000 is negligible to Romney.
For people earning $110,000 and less - it's a huge hit for them.
Barack Obama's economic and tax policies are VERY generous to people like Mitt Romney.
They are REALLY HURTING middle earners and below.
The bottom 50% don't even earn a liveable wage.
Median income is now down to just above $30,000 and still falling.
It is now back to the levels of 1970. How are you supposed to bring up a family on that?
http://ian56.blogspot.co.uk/2012/11/unemployment.html
These charts explain things.
http://ian56.blogspot.co.uk/2013/03/some-charts-on-jobs-and-wages.html
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