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D. Peter Maus

On 1/25/10 19:48 , wrote:
On Mon, 25 Jan 2010 15:08:23 -0600, "D. Peter Maus"
wrote:

On 1/25/10 14:56 , wrote:
On Mon, 25 Jan 2010 18:14:13 +0000 (UTC), wrote:

And don't feed me the limpBALLS classic line about that the rich do pay
taxes.... most don't pay anymore then, and more then less then we do.
Proven fact

TOo true

The "they pay most of the taxes" is a false claim, misdirection, and
totally stupid way of trying to deflect the core principles

According to the IRS:

86% of all Federal Income Taxes are paid by the top 25% of income
earners.

97% of all Federal Income Taxes are paid by the top 50% of income
earners.

50% of all Federal Income Taxes are paid by the top 1% of income
earners.

From the Wall Street Journal:

"Notably, however, the share of taxes paid by the top 1% has kept
climbing this decade -- to 39.4% in 2005, from 37.4% in 2000. The
share paid by the top 5% has increased even more rapidly. In other
words, despite the tax reductions of 2001 and 2003, the rich saw
their share of taxes paid rise at a faster rate than their share of
income.

THe taxes they pay are miniscule related to the amount they make.

So what?

Since they own 80% of all the wealth--I'd say they're getting off
cheap.

Thankfully, what you say isn't incumbent on the rest of us.