Quote:
Originally Posted by GrantMercury
Dude, you're a dumbass. That "47% pay no taxes" shit proves it. The "47%" actually pay way more in taxes as a percentage of their income than the top 1%. Payroll tax, sales tax, gas tax, meals tax, registration fees, etc are paid by all - and the "47%" don't get any break - the amount is fixed - a regressive tax. http://www.forbes.com/sites/janetnov...pay-taxes-too/
And we all know the richest pay 15% because their money comes in the form of capital gains. And that's fair? A billionaire pays 15% on money he didn't labor for while a cab driver pays 25% or more on money he did? Fair?
And then there's the loopholes and offshore accounts that a cab driver and a kindergarten teacher can't conceive of.
And corporate lobbyists have managed to get some corporations off the hook completely. http://www.nytimes.com/2011/03/25/bu...nobodypaysthat
Gimme a fucking break.
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dear idiot, here are the actual numbers that INCLUDE all the little taxes you want to chirp about. You'll ignore it because thats what the ignorant do:
http://www.washingtonpost.com/blogs/...d0iK_blog.html
When you add up all of the various taxes, and look at the effective tax rates, it is clear the tax system is already pretty progressive. Everyone pays some tax, even those who pay no federal income taxes, and
the wealthiest pay a larger percentage share of taxes. Here?s the effective tax rate for all of the groups, according to the CBO:
Lowest quintile (23.4 million taxpayers), zero to $18,900: 4.3 percent
Second lowest quintile (22.4 million), $18,900-$32,100: 10.2 percent
Middle quintile (22.9 million), $32,100-$47,400: 14.2 percent
Fourth quintile (23 million), $47,400-$71,200: 17.6 percent
Highest quintile (23.6 million), above $71,200: 25.8 percent
Top 10 percent (12 million), minimum income of $98,100: 27.5 percent
Top 5 percent (5.9 million), minimum income of $134,400: 29 percent
Top 1 percent (1.1 million), minimum income of $332,300: 31.2 percent
Top 1% pay 38.02% of the tax burden
Top 5% pay 58.72% of the tax burden
Top 10% pay 69.94% of the tax burden
Top 25% pay 86.34% of the tax burden
Top 50% pay 97.30% of the tax burden
Bottom 50% pay 2.7% of the tax burden