Taxing the Rich

 11/30/18   Please link and share.

 

1. Top 1% Did Well

 

2, But Top 1/10 of 1%
Is Where the Money Went

What the 1%
Don't Want You to Know
Paul Krugman Video Fears Oligopoly Power

 

3. Quintiles 2 and 3 React Poorly to
Lowest Quintile 1 Gains
Top Quintile Does OK
Except for the Very Top

 

Transfers Give Much
Back to top Quintile
Need Data in
Smaller Intervals.
 i.e. top 1% and top 1/10 of 1%

 

 

Income Tax Paid by Our Most Economically Successful

 

Regressive Payroll Tax Brings in Much

 

 

Out of 10,000 People
How Many are Very Very Very Rich,
Other Rich, Almost Rich

and Other Groups Wanting to Move Up

 

 

Income Growth By Group Requires Discussion

1. Date Needs to be refined Into 3 Groups,
     The Very Very Very Rich
and three other Rich Groups.

2. Taxes Up Lots for Very Very Very Rich,
    Taxes Up Some for the Very Very Rich
    Taxes Up A Bit the Very Rich.

3. We Need an Appreciation Party
for all Tax Payers
   
Presidents hosts the Very Very Very Rich
    States host rest of the Very Very Rich.
    County Governments hosts the Very Rich
    Local Government hosts everyone else

Other Stuff

Charity Growth of the Rich
Matches Their Income Share Growth

 

 

 

 

 

 

 

Why Are Income and Salary Growing
More Than Dividends? Taxes?

Income of the Very-Very-Rich
Grew More Than Their Capital Gains Income which May be Staying Overseas?
Why Did Their Income and Salary Growing More Than Dividends? Taxes?
Charity Growth of the Rich Matched Their Income Share Growth

Economists Only

 

Executive Summary 

The Rich 1% has Some Rich, Some Very Rich Some Very Very Rich and Some Very Very Very Rich  
 
 

 

Chart #2
Share of Income Doubled
Note Quite Rich Bottom Had Little Change

 

 

Chart #3
 Income Share Doubled
Their Tax Rates Down