Quote:
Originally Posted by 12clicks
I didn't bother reading past this since its a lie.
notice below where it says the words "add up all the various taxes" "effective tax rate" "CBO" and "percentage"
When you add up all of the various taxes, and look at the effective tax rates, it is clear the tax system is already pretty progressive. Everyone pays some tax, even those who pay no federal income taxes, and the wealthiest pay a larger percentage share of taxes. Here?s the effective tax rate for all of the groups, according to the CBO:
Lowest quintile (23.4 million taxpayers), zero to $18,900: 4.3 percent
Second lowest quintile (22.4 million), $18,900-$32,100: 10.2 percent
Middle quintile (22.9 million), $32,100-$47,400: 14.2 percent
Fourth quintile (23 million), $47,400-$71,200: 17.6 percent
Highest quintile (23.6 million), above $71,200: 25.8 percent
Top 10 percent (12 million), minimum income of $98,100: 27.5 percent
Top 5 percent (5.9 million), minimum income of $134,400: 29 percent
Top 1 percent (1.1 million), minimum income of $332,300: 31.2 percent
you're simply incorrect or lying.
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Do you not see this in the paragraph you posted? "
the wealthiest pay a larger percentage share of taxes"
That's totally different than saying:
The working poor pay a larger percentage of their INCOME to taxes than the higher incomes.
Notice they are different.... It's logical that the more you make, the more share of taxes you pay. A person making 1 million a year vs. a person making 25k a year, the 1m a person pays more in taxes than the 25k a year person makes total.
However, the taxes the 25k a year a person pays will leave him with far less money each check, the percentage of income left over is greatly reduced, compared to any bracket above them.
I simply refuse to believe you can't see the difference.