Quote:
Originally Posted by CosmicTang
[B][SIZE="4"] It is a system in which the top 10 percent of earners -- households making an average of $366,400 in 2006 -- paid about 73 percent of the income taxes collected by the federal government.
The bottom 40 percent, on average, make a profit from the federal income tax, meaning they get more money in tax credits than they would otherwise owe in taxes. For those people, the government sends them a payment.
http://finance.yahoo.com/news/Nearly....html?x=0&.v=1
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Got to love that, 10 percent of the population pays almost 75% of the costs.
40% doesn't even pay a penny but benefits from everything. People who are not affected by taxes can cast a vote on issues that will require taxes to be increased. I think that is fucked up. One of the rights to be able to vote should at least be that you contribute in some kind of way financially to the country. If you don't contribute a penny then you shouldn't have a vote.
Just like the people who vote to raise millage to pay more for a public service like police department but those people don't own a home so they don't pay property tax. How does that make sense, why would anyone vote no to something that they won't have to pay for. In some areas there is more people who don't pay property tax than do, so you let the voting majority be the people who don't even contribute but yet they can dictate how much the people who do pay taxes will pay.