He did not explain how the regime identified those 1.666 million families as the country's wealthiest
. One reason the government decided to pay everyone a uniform welfare payment was because it couldn't figure out to identify the poorest in order to pay them more and the richest in order to pay them less, which was the original idea.
Obama noted that the United States has "unlimited resources" and that hundreds of billions of dollars were spent in the last decade "on what was supposed to be a temporary tax cut for the wealthiest
two percent of Americans.
PRINCETON, NJ -- Politically, the wealthiest
1% of Americans -- those in households earning $500,000 or more annually -- are somewhat to the right of the remaining 99%, but more in terms of party identification than self-professed ideology.
When the poorest people in society are suffering the effects of savage cuts in public spending, it is morally indefensible for the wealthiest
1% to complain about paying their share.
Republicans have been insisting that the government should eliminate extended unemployment insurance benefits and hold taxes steady or lower them for all taxpayers, including the wealthiest
"Free Lunch: How The Wealthiest
Americans Enrich Themselves At Government Expense (And Stick You With the Bill)" states how the common taxpayer doesn't gain any benefit through all of this and is simply paying for everything.
Despite ploughing an estimated pounds 440 million into his favourite football club, Mr Abramovich needs to add just pounds 2.4 billion to become the wealthiest
man in the UK.
Bill Gates, the world's wealthiest
person, and his wife, Melinda, established the Gates Foundation in 1994.
Showing a preferential option for the Pentagon and the nation's wealthiest
, the 2006 budget calls for $132 billion of corporate welfare in federally funded "research and development" projects and a diminishing tax burden on the nation's wealthiest
, while massive defense outlays continue unabated, reaching $492 billion by 2010.
In Hawaii Business' third annual compilation of the Top 20 Wealthiest
Landowners by tax-assessed value, the wealthiest
landowners' holdings comprise just a little more than 11.5 percent of the total 2002 tax-assessed value for the entire state.
SCOTS Labour MP Mohammad Sarwar is the fifth wealthiest
member of the Commons, a survey revealed yesterday.
ITEM: "The 400 wealthiest
taxpayers accounted for more than 1 percent of all the income in the United States in 2000, more than double their share just eight years earlier, according to new data from the Internal Revenue Service," reported the New York Times for June 26th.
WARWICK and Leamington are the wealthiest
places in the West Midlands and the ninth richest in the country, research has revealed.
EIGHT of the top 10 wealthiest
places in England and Wales are in the north.