Biden in York: someone making $1 mil would pay $500 more

[DebJ]

in taxes to support program to add teachers.

Is that so? I'm ready to go to OWS!

[babylonsister]

1. Nuts and bolts; this is what we need to be talking about, how

tiny the millionaires' tax would actually be. I'm glad the VP brought it up!

[DebJ]

2. He gave a great speech. n/t

[tk2kewl]

3. not enough then

nt

[LonePirate]

4. I think he is off by a digit if the surtax for this piece is 0.5% ($5000 in taxes on $1M).

It is still chicken feed to the 1% crew.

[kestrel91316]

8. Even so, THE HORROR!!! How will they feed their children or pay the rent??

[gateley]

5. That's what they need to do -- NUMBERS, not percentages.

How many people are the 1%? How many are the 99%? What dollar amount does that 1% earn? What do the rest of the 99% earn? Give us numbers, something that we can glomp on to. Percentages don't hammer it home as well.

Good on you, Joe -- thanks!

[sam11111]

6. top tax rates in historical overview

(graph is from Wikipedia, on page linked here about 90% of the way down)
http://en.m.wikipedia.org/wiki/Income_tax_in_the_United_States

[valerief]

10. Looks like a silhouette of NYC. All that's missing are the Occupiers on the streets.

Maybe some graphic artist can create a graphic with the chart and buildings and occupiers.

[kestrel91316]

7. (gasp) THE HORROR!!!!!

[valerief]

9. Why would they want to give $500 to teachers? Teachers will just by dope with it or pay taxes with

it.

:sarcasm: