Understanding How Class Warfare Fails to Solve Our U.S. Debt Problems

By: Justin Spagnolo (Diary)  |  July 14th at 06:32 PM  | 

Looking at 2008 IRS report of income taxes: The top 1% of individual tax payers earned roughly 20% of all reported AGI (adjusted gross income).  Let’s break that down shall we?  The implication is that if you are lucky enough to be in the top 1% of earners of taxable AGI, that means you should be able to afford to pay more taxes to help | Read More »