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D. Peter Maus wrote:
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. Lies, damnable lies and statistics.... To paraphrase Clinton, it all depends on what your definition of 'income earner' is. Many of the wealthiest people have very, very modest annual honourariums. Their real income is directed or manipulated through non taxed channels. Paying forty percent tax on one twentieth of your total income is a sweet deal. mike twain II |
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