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Whittle on Sin 6: Envy
The top 25% of Americans pay 90% of all income tax revenue.
The lowest 50%...pay 2%. Who's not paying 'their fair share'?
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Joined Jun 2012
1 Posts
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When all federal, state, and local taxes are taken into account, the bottom fifth of households pays about 16 percent of their incomes in taxes, on average. The second-poorest fifth pays about 21 percent.[8]
Policy Options to Force People with Low Incomes to Pay Federal Income Tax Are Unsound Some have implied or suggested that people who do not owe federal income tax are “freeloaders” who don’t have a “stake in the system,” and that making them pay federal income taxes would improve the tax code. Yet the vast majority of the people who owe no federal income taxes fall into one of three categories (see Figure 4):[24] http://www.cbpp.org/cms/index.cfm?fa=view&id=3505 |
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Joined Jan 2008
1,016 Posts
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http://www2.ucsc.edu/whorulesamerica/power/wealth.html
According to this, the top 20% have 93% of the financial wealth and the bottom 80% have 7%. This is the USA looking more and more like a third world country in terms of wealth distribution. |
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can't quite place slople yet, but it is all so familiar from a long time ago. It will come to someone before long.
Fair is the biggest lie in the communist play book. There is no definition only an accusation. There is never satisfaction because the more some get the more they want. It is when they do nothing and want something that the "fair" part comes into play. Hunger is a great motivator until the need is met and then instead of doing something when the belly is full, some just wait for it to be empty again so it can get another free refill. Communism is a great plan for the grasshoppers but ain't worth a damn for the ants and bees. |
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Latest blog entry: Own your own - What it means
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