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On Jan 26, 8:46*am, dave wrote:
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. How much of the wealth do these people control? *What percentage of their cash flow do they pay in taxes? * Those are, of course, two separate things. You've already been told the percentage of their income that they pay in taxes, so why do you care that despite paying most of the taxes in this country, they manage to keep SOME of it? Is it envy? |
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