Saturday, October 25, 2008

Ordinary Joes have mixed feelings on Wealth

Population groups under each tax bracket and tax generated by those groups

Ordinary Joes have mixed feelings on wealth
Adam Geller (AP)

NEW YORK – The war of words waged by John McCain and Barack Obama for the votes of plumbers and other average Joes is a reminder of the nation's long-standing doubts about concentrated wealth — and its qualms about doing something about it.

Americans have voiced concerns about putting too much wealth in to too few hands since the country was founded, but the public's views also come with contradictions.

Now it's clearer than ever — thanks to Obama's much scrutinized talk about taxes with a certain Ohio voter and McCain's dogged criticism — that these mixed feelings about income inequality are a long way from being resolved.

"I think that when you spread the wealth around, it's good for everybody," Obama told the man — maybe you've heard of him — Joe the Plumber. More>>

No comments: