Quote:
Originally Posted by TheDoc
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.
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lets pretend that instead of being a liar, you're just bad at reading.
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
I dumbed it down for you so you wouldn't be confused.
just read the bold words.
