<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote">46 percent of the American people think that millionaires today are already overtaxed<hr height="1" noshade id="quote"></blockquote id="quote"></font id="quote">
Where the hell did they take this poll? Martha's Vineyard? Silicon Valley? The Hamptons?
"America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves."
Come on man, who actually trusts the IRS? For every right wing site that someone regurgitates in this forum, I can find a left wing site with stats and numbers that are just as compelling in appearance. Stats are easy to twist just like everything else in the media.
What happened to the good old days when reporters used to report. Now you have a choice between right wing news networks and left wing news networks. What happened to the truth?
"America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves."
Y'all like to say that the numbers can't possibly correct and that they are twisted to present a certain view, but I would like just once to see someone post info from a more reputable source that contradicts the view presented here. If these numbers do indeed come from the IRS then at least to me they are as trustworthy as anything out there...sure, this article regurgitates them to make a specific point, but that has nothing to do with the reliability of the numbers. Prove them wrong to me and I'll believe they are unreliable; otherwise this just sounds like pointless arguing against something that doesn't agree with the agenda you've bought into.
OK, time for some perspective. The top 1% of the united states owns more wealth than the entire bottom 95% combined. Say the numbers from your article are accurate. How is it fair that top 1% are only responsible for 1/3 of the tax burden while everyone else picks up the rest?
"America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves."
Aren't we all forgetting that many of these people that are in the "top 1%" earned their way to that point? Work harder if you don't like your "net income".
2004 6mt Coupe White/Black Leather - Premium/Aero.
I'm still trying to figure out where the 50% mark for income earned would be. Stats just aren't my thing. It would be interesting to see how taxes are distributed above and below that mark.
"America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves."
OK, time for some perspective. The top 1% of the united states owns more wealth than the entire bottom 95% combined. Say the numbers from your article are accurate. How is it fair that top 1% are only responsible for 1/3 of the tax burden while everyone else picks up the rest?
"America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves."
-- Abraham Lincoln
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I find it very hard to accept that 95% of our country is owned by the top 1% given that our country is practically built on the middle-class. Sounds like typical class-warfare ideology to me. Since we are discussing income taxes, I think it would be fair though to focus on income.
According to the Census Bureau's report on income in the US for 2002 http://www.census.gov/prod/2003pubs/p60-221.pdf, the highest income quintile (top 20%) earned only 49.6% of the country's aggregate income. This percentage drops even more under each of the four alternative income calculations used by the Bureau. I know this doesn't speak specifically to how much wealth is "owned" by a particular group of people, but income tax is charged on income, not wealth, and in any case most wealth held by rich people is further taxed (property tax, capital gains tax, etc).
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote">Come on man, who actually trusts the IRS? For every right wing site that someone regurgitates in this forum, I can find a left wing site with stats and numbers that are just as compelling in appearance. Stats are easy to twist just like everything else in the media.<hr height="1" noshade id="quote"></blockquote id="quote"></font id="quote">Do I trust the IRS to report accurate statistics? Yes. Do I expect people of any particular mindset to use or present only those reported statistics that further their own respective cause? Yes.
Are you suggesting that there is some right-wing government conspiracy to purposefully supress or replace IRS actual recorded statistics? Get a grip.
2004 | 6MTs | Diamond Graphite/Graphite
Upstate NY
When you get only part of the numbers it is hard to see the whole picture.
1 How many people live in the United States?
2 How many pay taxes?
3 How many people make up the top 2%?
4 What are the income levels broken down by percentage?
If you have a family of four and only the dad works he is in the top 25% wage earners for that family.
The last fiqure I saw was 2001 stats, an income $44,700 put you in the top 25%.
Who is paying the taxes?
