Quote:
Originally Posted by ccodiane Excerpt:
"The top-earning 25 percent of taxpayers ( AGI over $62,068 ) earned 67.5 percent of the nation's income, but they paid more than four out of every five dollars collected by the federal income tax (86 percent). The top 1 percent of taxpayers (AGI over $364,657) earned approximately 21.2 percent of the nation's income (as defined by AGI), yet paid 39.4 percent of all federal income taxes. That means the top 1 percent of tax returns paid about the same amount of federal individual income taxes as the bottom 95 percent of tax returns." The Tax Foundation - Summary of Latest Federal Individual Income Tax Data | .I don't think so, we make over that and surely dont pay 86% in federal taxes. Maybe they need to get my wife to do their tax returns. You've just said that 26% of the population makes 88.7% of the income, leaving 12.3% of the income for the other 74%. Does this sound fair? No wonder the poor poeple are pissed.
__________________ "I suppose I always knew America would eventually break the planet, like some ghastly, hyperactive toddler that gets hold of a mobile phone and then smashes it repeatedly against the edge of a table". Quote from british journalist.
Last edited by medicineman; 03-29-2008 at 09:21 AM.
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