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Originally Posted by tony404
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In short, the Obama plan would redistribute more than $131 billion per year from the top 1 percent of taxpayers to all other taxpayers. In 2009, for example, Tax Policy Center figures show that after the income-shifting in the Obama plan, the top 1 percent of taxpayers would pay a greater share of the total federal tax burden than the bottom 80 percent of Americans combined. In other words, 1.13 million Americans would pay more in all federal taxes than 128 million of their fellow citizens combined.
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http://www.taxfoundation.org/publica...how/23319.html
how long until that top 1% move their money into tax shelters overseas bankrupting the government? with more and more socialized programs in the works, who will fund them? how about instead of democrats/republicans we consider a 3rd party candidate who is for responsible spending? someone who knows how to stretch a dollar instead of looking for ways to spend it to justify taking more. gatorb wishes he made enough to pay 39%. what about 50%? 75%? wheres the line that you would say "its no longer in my interests to get up each day and work at mcdonalds when i can get more in welfare and housing subsidies by telling the government "i just cant find a job". why dont we just send them 100% and let them decide who gets what? im sure in gatorb's lifetime he'll see a hint of this imposed on even his income range (under $25k/year) because those who the government had been milking moved out of country. i cant wait!