10-27-2011, 07:56 AM
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Confirmed User
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Join Date: Mar 2004
Location: Rock Hill, SC
Posts: 5,370
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Quote:
Originally Posted by 12clicks
I didn't bother reading past this since its a lie.
notice below where it says the words "effective tax rate" "CBO" and "percentage"
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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Funny... like a typical conservative ideologue you ignore the fact that I already proved this article wrong using the exact data they are quoting in another thread... remember 17%?
The report he is quoting includes excise tax... when was the last time you paid excise tax? |
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