Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: PoliSciStudent
the richest 2% of the country own 80% of the wealth

Take all the wealth in America and redistribute equally among all citizens.

How long would it take for 10% of the country to own 90% of the wealth?

a) Two years
b) Five years
c) Ten years

212 posted on 02/13/2004 9:26:54 PM PST by Jeff Gordon (arabed - verb: lower in esteem; hurt the pride of [syn: mortify, chagrin, humble, abase, humiliate])
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Jeff Gordon
*bump* to a good question

I also enjoyed the statement of fact relating to tax payments - 5% of the population pays 80% of the taxes. Is that "fair?"

Maintenance of a large population and society is complex. Laws need to account for human nature, or else the individuals that make up society will be slothful. That'd be bad for all of us.

214 posted on 02/13/2004 9:37:08 PM PST by Cboldt
[ Post Reply | Private Reply | To 212 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson