the tax cut that that top one percent got from of the bush tax cuts
equals on average per year
for that bracket
sixty six thousand
three hundred and any four dollars
the average income of the ninety nine percent the rest of us
is fifty eight thousand five hundred n six dollars
this is according to our national priorities project
report out now
that means
that they're called one percent got more in tax cuts from bush
then we make it a whole wheat your honor
isn't that the most amazing thing you've ever seen
i think that's so i think i didn't think axe cut back tax cut is larger than our
entire a salary jack one eleven ninety nine percent are upset about
and i wonder what the would fall one percent or try to protect
by the way house that top one percent been doing
uh... you know we've been showing you over the last thirty years a lot of
numbers i'm gonna give you some more 'cause they're amazing from nineteen
seventy nine to two thousand five
uh... the restless uh... our income went up twenty one percent
well how did the top one percent two
absorb the top point one percent
their income went up
four hundred percent
that's twenty times increase not twenty guys anomaly if the problems of the
twenty times
one of us that's are very very understandable
but they wud
they're already jagged the advantage was a mom took like twenty times over
birthday
in estimate up
the richest point one percent of americans
account for fifty percent alter all the capital gains
that's why lend republicans and democrats agree by the way
to cut capital gains on a fifteen percent
they're saying you know who were helping
fifty percent of money who's just left
point one percent of us
birthday so that point one percent that's the richest people always about
taxes you might be twenty five percent thirty thirty five percent
those guys are paying only fifteen percent other capital gains
and by the way you know they get the sense of like hopeful top point one
percent it's
people who are good bill gates steve jobs this summer they want to know what
is forty three percent
or corporate executives eighty percent work in the financial industry hence the
bankers a center up twelve percent are lawyers or in real estate
okay how productive or any of these brackets
no it's the guys who figured out how to gain the system they're not necessarily
productive they're just getting the money so how much is the money by the
way here in the top point one percent
you are annual income is about
two million dollars a year
two million a year
and they combined income of the whole uh...
kop point one percent
is one trillion dollars
so if we're a sax on their group could we get
i've got about a revenue that might help us absolutely in fact
logarithm alesis
and found out that if we and just brought back to the way the bush tax
cuts
brought back the race to where they work that in a decade we would save about a
trillion dollars
that detroit in revenue trying to help our deficit
a trillion to help our budget
now instead of course what they're proposing the republicans are the again
as always the democrats are largely agreeing is to raise the medicare age
the sixty seven years old
now that would be directly came out of the middle class how much does that say
only a hundred and twenty-five billion out
so
act tiny percentage as you can tell about twelve and a half percent of how
much he had if you just raise tax alone will bid on the top one percent
but who cares they don't want to do that has ever taken top one percent
is that they want to take it from you
and as one of the many cuts that they've got planned for you g_i_ wonder why
people are upset i wonder why there's a ninety five movement i can't figure it
out
both is
unbelievably
uh... obvious to anyone who's paying attention
which apparently of forcefully does not include
mostly reporters in this country