Debunking the Myths of Occupy Wall Street
...Myth #6: The Rich Don’t Pay Taxes
I’m sure the rich wish that was true, just like I’m sure those with signs telling me to “Look it up” wished I hadn’t. You can play along with me here http://www.irs.gov/taxstats/indtaxst...133521,00.html
Households with income of $200,000 or more paid 51% of all federal taxes in 2007. Households with income of over $10 million paid 9% of federal taxes.
Myth #7: The Protestors are Poor
Do you know what I call poor? Living in a shanty town with no running water, an open sewer running right underneath the so-called walkway and food you hope hasn’t gone bad. Have you ever been to a place like that? I have, when I worked with fair trade groups in Asia.
Poor people don’t drink Starbucks, have laptops, use smart phones or wear designer clothes. Want proof? Just do a search online for #occupywallstreet images (or heck look at the picture above)...