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WSJ's profile
The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
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@WSJ

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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

New York, NY
wsj.com
Joined April 2007

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    The Wall Street Journal‏Verified account @WSJ 10 Apr 2015

    The top 20% of U.S. earners pay more than 80% of income taxes: http://on.wsj.com/1GTAsuf pic.twitter.com/FVnZtSAzqP

    12:30 PM - 10 Apr 2015
    • 245 Retweets
    • 130 Likes
    • Maria Oliver Matthews Mary Samantha Gill Matilda Hussain Gilbert Linett Eric Sirich “dumb leo bitch” JUNO Jewelry 嘉龍珠寶 🤔
    39 replies 245 retweets 130 likes
      1. Frank‏ @panndder 10 Apr 2015
        Replying to @WSJ

        .@WSJ Do you ever touch yourself late at night when you're lonely?

        0 replies 1 retweet 1 like
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      1. New conversation
      2. Donald J. Trump‏ @TrumpRipsTrump 10 Apr 2015
        Replying to @WSJ

        @WSJ Given that they own 100% of the government & get every policy they want enacted, they should be paying much more.

        1 reply 0 retweets 1 like
      3. John Read‏ @johnnyread7 10 Apr 2015
        Replying to @TrumpRipsTrump

        @hatingitmagzine @WSJ if you don't leave an incentive for someone to go out and take a risk in starting a business everything falls apart.

        1 reply 0 retweets 1 like
      4. Donald J. Trump‏ @TrumpRipsTrump 10 Apr 2015
        Replying to @johnnyread7

        @johnnyread7 @WSJ incentive is one thing. Oligarchy is another.

        1 reply 0 retweets 0 likes
      5. John Read‏ @johnnyread7 10 Apr 2015
        Replying to @TrumpRipsTrump

        @hatingitmagzine Correct. I remember when the socialists here in England in the 70s had tax rate at 83%. Guess what-the brains left.

        1 reply 0 retweets 1 like
      6. Donald J. Trump‏ @TrumpRipsTrump 10 Apr 2015
        Replying to @johnnyread7

        @johnnyread7 Ok, 88% is too high. It's 40% in US. Below 50% tends to kill the middle class.

        1 reply 0 retweets 0 likes
      7. John Read‏ @johnnyread7 10 Apr 2015
        Replying to @TrumpRipsTrump

        @hatingitmagzine I know it's not totally conclusive but the Laffer curve is still relevant when it comes to optimum rates.

        1 reply 0 retweets 0 likes
      8. Donald J. Trump‏ @TrumpRipsTrump 10 Apr 2015
        Replying to @johnnyread7

        @johnnyread7 @hatingitmagzine Laffer curve is bunk economic theory. It was used to falsely justify Reaganomics. History has proven it wrong

        1 reply 0 retweets 0 likes
      9. John Read‏ @johnnyread7 10 Apr 2015
        Replying to @TrumpRipsTrump

        @hatingitmagzine The theory that the more you tax someone the less incentive there is to try earning more is a sound one though.

        2 replies 0 retweets 1 like
      10. 8 more replies
      1. New conversation
      2. Morvjn‏ @morvjn 10 Apr 2015
        Replying to @WSJ

        @WSJ @igeldard Well, how much of the income do they earn?

        1 reply 1 retweet 2 likes
      3. John Read‏ @johnnyread7 10 Apr 2015
        Replying to @morvjn

        @morvjn @WSJ @igeldard yeah because someone just came and dropped a load of money in their laps.

        1 reply 0 retweets 0 likes
      4. Morvjn‏ @morvjn 10 Apr 2015
        Replying to @johnnyread7

        @johnnyread7 @WSJ @igeldard How many %?

        1 reply 0 retweets 0 likes
      5. John Read‏ @johnnyread7 10 Apr 2015
        Replying to @morvjn

        @morvjn Subjective question.

        1 reply 0 retweets 0 likes
      6. Morvjn‏ @morvjn 10 Apr 2015
        Replying to @johnnyread7

        @johnnyread7 Not really, its a hard cold number.

        1 reply 0 retweets 0 likes
      7. John Read‏ @johnnyread7 10 Apr 2015
        Replying to @morvjn

        @morvjn As in how much of the income does someone earn?

        1 reply 0 retweets 0 likes
      8. Morvjn‏ @morvjn 10 Apr 2015
        Replying to @johnnyread7

        @johnnyread7 Exactly, how much of the total income. Would bet more than 80%.

        0 replies 0 retweets 0 likes
      9. End of conversation
      1.  🇺🇸 Ronald Linkins ✝️‏ @RonLinkins 10 Apr 2015
        Replying to @WSJ

        @WSJ @IP4PI Well, when are they gonna start payin' their "Fair Share"?

        0 replies 1 retweet 0 likes
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      1. Jack W. Orf‏ @JackWOrf 10 Apr 2015
        Replying to @WSJ

        @WSJ You want something to complain about? Try living on Food Stamps and Social Security. Filet of Dog Food. Yummy. But low taxes.

        0 replies 0 retweets 1 like
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      1. Prudent Perspective‏ @prudentperspect 10 Apr 2015
        Replying to @WSJ

        @WSJ Not enough folks making $50k-$75k. If initial income distributions were more equitable, redistribution would be a moot point...

        0 replies 0 retweets 1 like
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