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"Dennis O'Connor" wrote in message
... Notice that 10% of U.S. taxpayers pay 2/3 of every dollar the treasury takes in... The crap coming out of peoples mouths that the so called, "rich" don't pay their share is just that, crap! You are only using half the numbers. You also have to look at the percentage of total income. If a group of people are paying 50% of all income taxes, they are only paying their "fair share" if they only represent 50% of taxable income. Of course, that also ignores issues such as whether everyone ought to be paying the same percentage of their overall income or not. Like it or not, our tax system is designed with the *intent* that the more money you make, the greater the percentage of your income you have to pay in taxes. So the actual "fair share" of a group of people who represent 50% of taxable income would actually be MORE than 50% of all income taxes. One need only look at examples such as the guy leaving the NYSE to see that there's a VAST disparity between "normal" people and the nation's wealthy. I consider myself pretty well off, but that guy received as *severance* more money than I, or most people, will see in a lifetime. A *lot* more. I see no reason to believe that the "fair share" of the tax base for him and earners like him is less than two-thirds. Pete |
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