Congress To Consider Age Limits On Violent Games
labrat1123 writes "It looks like Congress is getting ready to revisit the 'Protect Children from Video Game Sex and Violence Act.' Cliff Notes version: It would become a federal crime to sell or rent a violent video game to anyone under 18. Entire article available on CNN." Note that this is not a law; it's a bill being readied for reintroduction after its original version was killed last session.
20.81% of all income covered under the income tax
Because for that top 1%, an enormous amount of their wealth isn't covered as income under the income tax. A great deal of their wealth is derived from mechanisms (trusts, capital gains, shelters) that conveniently don't fall under the designation of taxable income. And when they figure in losses (often manufactured for the purpose of reducing taxes) the top 1% often find themselves with an even smaller portion of their total incomes being taxable.
So limiting your statement to 20.81% of all income covered under the income tax is obviously an attempt to manipulate the argument and ignore the reality of the vastly larger sums that the top 1% are raking in.
So the Party is absolving the top 1% of the responsibility to support the system that allows them to make the money's the do, and forcing the rest of us to subsidize them. Let the 1% try safely making their money somewhere without the underlying structures of the US. I'd like to see them try.