Ha ha!
funny no top 1 percent broken out on the old numbers!! Hmm
Well, if the purpose of an economic system is to increase the wealth of its participants, from the chart, it has been an ovwerwhelming success. Incomes have increased for all. Somehow, I suspect you thought the purpose of an economic system was to equalize income
Were you making $131 K @ year in 1979?
I don't suspect you of stupidity, you have proven it, since you think that's what I said.
Since I made no assertions about what you "said", we can see where it is the stupidity is concentrated
Well, if the purpose of an economic system is to increase the wealth of its participants, from the chart, it has been an ovwerwhelming success. Incomes have increased for all. Somehow, I suspect you thought the purpose of an economic system was to equalize income
Yes, and it's gracious of you to admit it.
Admit what? String together a few words and make a point if you can.
Why is there no detail on the old chart. Poor people don't want you to know there always have been rich and they have always done better. Just like king in platoon said. Rich been fucking over the poor, always have always will.
Point was made in the OP. If you can't see that, then maybe Bush was right.
No. It did seem that you wanted to make one, but didnt have the nads to do so
I did make one, but you don't have the brains to understand it. Not my problem.
I have yet to see anyone — not even when capital gains rates were 39.9 percent in 1976-77 — shy away from a sensible investment because of the tax rate on the potential gain.
People invest to make money, and potential taxes have never scared them off.
And to those who argue that higher rates hurt job creation, I would note that a net of nearly 40 million jobs were added between 1980 and 2000.
You know what’s happened since then: lower tax rates and far lower job creation.
http://www.nytimes.com/2011/08/15/opinion/stop-coddling-the-super-rich.html