Quote:
Originally Posted by TheMercenary
The wealthy pay almost all of the total tax in this country now, federal, state, and local combined.
What are the protesters seeking? There are a hundred answers to that question.
|
I want to say "Liar", but I'll content myself by saying "Cite".
And while you're at it, why don't you give us all *your* answer to your oft-repeated question "What constitutes 'wealthy'"?
Here's my
cite.
Quote:
But how many people know that households making less than $75,000 collectively paid more federal income tax than those making $1 million or more?
Or that income taxed at the next-to-lowest rate, 15 percent, brought in more government revenue than all capital gains taxes plus the two top brackets, which apply only to the top 2 percent of earners?
Or that almost half of the top 1 percent made less than $500,000? Or that five out of six made less than $1 million?
The fact is that the government relies far more on the bottom 99 percent than the top 1 percent for federal income taxes.
|