Howard_Roark
09-20-2009, 08:54 AM
In 2004, the top 1% controlled 50.3% of the financial assets while the bottom 90% only held 14.4% of the total US financial assets.
The most liberal liberals like Michael Moore, Warren Buffett ect are always talking about this kind of thing. There solution is to tax the rich and redistribute the income.
But as Ayn Rand showed in Atlas Shrugged, that makes everyone poorer and destroys the very people who carry everyone else on there back by giving them jobs and paying all the taxes.
The real solution is to have more people participate in the rewards of capitalism by starting businesses and investing.
The most liberal liberals like Michael Moore, Warren Buffett ect are always talking about this kind of thing. There solution is to tax the rich and redistribute the income.
But as Ayn Rand showed in Atlas Shrugged, that makes everyone poorer and destroys the very people who carry everyone else on there back by giving them jobs and paying all the taxes.
The real solution is to have more people participate in the rewards of capitalism by starting businesses and investing.