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Old 08-24-2008, 01:42 PM  
pocketkangaroo
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Join Date: Jan 2005
Location: Chicago, IL
Posts: 8,452
Quote:
Originally Posted by Pleasurepays View Post
and your right... people pay WAY too much in taxes because they don't do anything to minimize their tax burden. thats the biggest irony of taxes... the poorest, dumbest people pay the largest % of their income.
I don't think that's true at all. The bottom 40% of income earners pay nothing in income taxes. The top 1% pays 40% of all taxes, the top 5% pays 60% of all taxes. The bottom 50% of the country pays 3%, with an average tax rate of 3%.

The poorest don't pay anything in this country.
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