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Old May 25th 11, 08:30 PM posted to talk.politics.guns,alt.fan.rush-limbaugh,alt.rush-limbaugh,rec.radio.shortwave,alt.conspiracy
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Default Financial wealth, or JUST WHO SHOULD PAY FOR ALL OF THIS?

John Smith wrote in
:

On 5/24/2011 11:57 AM, gfn wrote:
On May 24, 2:51 pm, John wrote:
On 5/24/2011 11:46 AM, gfn wrote:









On May 24, 2:16 pm, John wrote:
On 5/24/2011 10:47 AM, gfn wrote:
...
Sure it is. It gives a clear, concise and true picture of who
pays the federal income tax burden in this country. If you want
to talk about all taxes and all revenue that goes to the
government then your right. I know of no place that compiles
that data. ...
OK. Then, please cut and paste the relevant parts here, I need
them pointed out to me.
I did that yesterday in my very first post to you.
Thanks in advance,
JS
I don't see any data posted, but then, I didn't expect to see any
... we both knew that.

Regards,
JS

You don't see data posted? What part aren't you grasping? From line
1, page 1:

Percentiles Ranked by AGI: Top 1%
Percentage of Federal Personal Income Tax Paid: 38.02

John, this isn't rocket science.


Yeah, I can tell, you missed the whole point of the discussion, went
full circle and are back on the limited range of tax -- income tax.

This ignores all other taxes including fines, fees, licenses, property
tax, sales taxes, excise taxes, fuel taxes, cell phone taxes,
electricity/water/sewer taxes, etc., etc., etc.


Those are sales or use taxes and are paid regardless of income, ergo,
they are regressive in nature and do not fall on the rich as much as they
do on the poor. However, there is really no way to fix that based on
income which is what you are trying to do.


--
Sleep well tonight....RD (The Sandman)

If you woke up this morning....
Don't complain.
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