••can ye pass the acid test?••

ye who enter here be afraid, but do what ye must -- to defeat your fear ye must defy it.

& defeat it ye must, for only then can we begin to realize liberty & justice for all.

time bomb tick tock? nervous tic talk? war on war?

or just a blog crying in the wilderness, trying to make sense of it all, terror-fried by hate radio and FOX, the number of whose name is 666??? (coincidence?)

Tuesday, July 26, 2011

Percentage of total US household income earned by income group

   3.1%  less than $20,000         19.04% of all households
   8.1%  $20,000 to $37,500     19.45% of all households
13.8%   $37,500 to $60,000     19.44% of all households
22.3%   $60,000 to $95,000     20.00% of all households
40.8%   $95,000 to $250,000   20.15% of all households
11.9%   $250,000 or more          1.92% of all households     

so more than half of household income goes to about one-fifth of households?

excuse me, but doesn't that mean we could balance the budget and pay down the debt and end payroll taxes yet guarantee the solvency of social security and health care forever if we just had a standard family deduction around $100k and a high enough flat tax rate with no loopholes?

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