U.S. Economy Is Increasingly Tied to the Rich

[DonCoquixote]

Here's the link

http://finance.yahoo.com/family-home/article/110258/us-economy-is-increasingly-tied-to-the-rich

I know there is a temptation to read this article and say "well DUH", but there is something to be noticed here: even the Wall Street Journal, Rupert Murdoch's personal propaganda rag, has let the cat slip:

It is no surprise, of course, that the rich spend so much, since they earn a disproportionate share of income. According to economists Emmanuel Saez and Thomas Piketty, the top 10% of earners captured about half of all income as of 2007.

Granted, the tone of this article seems to be "do not make the gods angry, lest they spend somewhere else", but they have let slip the fact that the reason we ask the rich to pay more in Taxes is because THEY ALREADY START OFF WITH MOST OF THE MONEY!

[izquierdista]

1. "Captured" is an interesting word

Makes me think the income was on its way to the right place when it was stuffed in a bag and kidnapped.