Tax Burden of Top 1% Now Exceeds That of Bottom 95% - COMBINED!
On Jul 31, 9:15*pm, wrote:
On Sat, 31 Jul 2010 16:57:17 -0700 (PDT), ?baMa? Tse Dung
wrote:
Mr. Dionne’s view of “undertaxed” is odd. *The IRS reports that in
2007 (the latest year for which data are available) the top 1 percent
of taxpayers in the U.S. paid 40.4 percent of the total income taxes
collected by Uncle Sam.
However, they own 90% of all the wealth. *
Also, their contributions stop at less than 1% of their total income
to SS, and the tax code makes it possible for them to pay nearly
nothing.
They contribute nothing of value to the Nation, provide no military
service, can buy their way out of most everything, afford anything
BINGO. WELL SAID!!!!!
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