Wednesday, April 05, 2006

Lifestyles of the rich and pampered

According to a study conducted by the New York Times, the tax cuts enacted by the Bush administration have made the rich richer.

Gee, isn't that a surprise?

If you were fortunate to make more than $26 million last year, like me and my friends (yeah, right), you paid about the same percentage in taxes as folks who were fortunate enough to make between $200K-$500K. Yup, you make one hundred times as much as these people and pay the same percentage in taxes. And guess what? That saved you about $1 million in taxes.

The Times study also showed that more than 70% of the tax savings on investment income went to the top 2% percent of investors.

Let's hear it for making the super rich super richer! Shall we just call them ultra rich? Uber rich?

"This is an impressive crowd - the haves and the have mores. Some people call you the elite - I call you my base." - GWB

Ask me no questions, I'll tell you no lies; ask me questions, I play music:

Various - Looking Back Ain't No Way Forward

The Misfits - Walk Among Us
(back when Danzig still had a neck)

Resistance D - Inexhaustibility
(epic trance)

Various - Spintrax 13)
(Ten And Tracer and Marshall Watson get down get down)

Various - Lisa And Tom's Wedding Mix
(mix I threw together for my sister's nuptials in May)


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