Posts Tagged ‘1%’

Low blow: Reid accuses Romney of being in the majority … not the 1%.

August 3, 2012

In a Huffington Post article, former boxer and now (punch-drunk) Senate Majority Leader Harry Reid charged that Mitt Romney …

“ …didn’t pay taxes for 10 years!

Now, do I know that that’s true? Well, I’m not certain,” said Reid.

“But obviously he can’t release those tax returns.

How would it look?

Hmmm.

If true, that puts Romney in good company: the roughly 50% of tax filers who pay no income taxes.

Suddenly, Mitt’s a person of the people  … a populist.

OMG.

* * * * *
P.S. Even Jon Stewart called out Reid on this one!

Watch the vid clip

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Think global: Are you in the 1% ?

March 15, 2012

If you’re a loyal HomaFiles reader, you bet you are.

Even the Wall Street Occupiers are the 1% by Global Standards 
 
According to HBR’s Daily Stat:

Many of the occupiers who have been decrying the wealth of the “1%” probably are the 1% if you look at it in a global context.

Because the developing world is so poor in comparison with the U.S., the cutoff for the global 1% is an income of about $34,000.

Reference: Foreign Policy

Thanks to Tags for feeding the lead

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