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Reply to "Turns Out Americans Actually Do Want to Tax the Rich"
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[quote=Anonymous][quote=Anonymous]When people say that taxing the ultra-rich won't generate much money, I don't think they appreciate just how much money is tied up in a few hands. You have something like 16,000 households in the U.S. that tie up something like 8-10% of the country's total wealth. Those are the people you target. [/quote] Following up to add, this would be the top 0.01% -- to qualify, the households have in excess of $100 million and have annual incomes in excess of $7 million per year. [/quote]
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