Quotes About Top earners

For the typical Americans, most of their income comes from wages. So, for people making less than $1 million a year, about 70% of their income comes from wages. But for those making more than $1 million, for the top 0.3%, it's the opposite.

In America the share of national income going to the top .01% (some 16,000 families) has risen from just over 1% in 1980 to almost 5% now—an even bigger slice than the top .01% got in the Gilded Age."9

President Obama has repeatedly urged Congress to let the Bush tax cuts expire for those earning more than $250,000 a year. Increasing rates on top earners is an obvious way to raise revenue from those who can afford it most.

It's no mere coincidence that over the last century the top earners' share of the nation's total income peaked twice, in 1928 and 2007—the two years just preceding the biggest downturns.

It's no mere coincidence that over the last century the top earners' share of the nation's total income peaked in 1928 and 2007—the two years just preceding the biggest downturns.

I just feel that all the top fighters in the world are making all the money.

For the very top earners, vision and inspiration are essential. You need those to become the next Steve Jobs, but perhaps not to be the highest paid dentist in Beverly Hills.

The combination of higher income taxation and wealth taxation would thereby raise at least 2 percentage points of GDP from the very top earners. But even if they had to pay another 2 percent of GDP, there would certainly be no need to shed tears for the rich. Their net-of-tax income would remain around 10 percent of GDP, a share of national income two-thirds higher than the 6 percent of GDP in 1980. There

Right now the top 50 percent of taxpayers pay almost 96 percent of the taxes. The top income earners--the evil top 1 percent--earn about 16.5 percent of the income and pay almost 33.7 percent of the income taxes. This is what Democrats call "not paying your fair share.