View Single Post
Old 07-01-2007, 05:42 PM  
pocketkangaroo
Confirmed User
 
Join Date: Jan 2005
Location: Chicago, IL
Posts: 8,452
Quote:
Originally Posted by bhutocracy View Post
The American tax system only really works better for the well off. While there is no real difference at 100k.. at 200k that 40% would have really eaten into it if you were in the UK. Of course you're only talking about 1% of people here. Not the vast majority.
How can you say that? A third of our country pays nothing in income tax. The top 50% pay 96% of all income taxes. The top 5% alone pay 56% of the taxes. Heck, the bottom 20% of earners actually get money back.

Basically 50% of our country is paying for everything. I don't see how that benefits just the wealthy?
pocketkangaroo is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote