View Single Post
Old 09-23-2011, 07:09 AM  
TheDoc
Too lazy to set a custom title
 
TheDoc's Avatar
 
Industry Role:
Join Date: Jul 2001
Location: Currently Incognito
Posts: 13,827
Quote:
Originally Posted by nation-x View Post
First of all... you provide an opinion piece as proof... typical for conservatives. Secondly, if you didn't notice, all of those numbers are from a 3 year old report. We were talking about income tax... not excise tax. This is a perfect example of how conservatives try to muddy the water... if you want to include all taxes, there are alot of taxes that hit lower income people much harder than the wealthy purely because it's a much larger percentage of their income. Gas tax, sales tax, etc.

Here is the title of the report from the CBO that he is reporting from:

"Historical Effective Federal Tax Rates: 1979 to 2006"

Now... look at the report... specifically the line where it says "Individual Income Taxes".

Top 10%: 16.0
Top 5%: 17.5
Top 1%: 19.0

Which part of that did you miss. The average of those 3 is 17.5%. If you want to quibble over .5% we can.
Interesting... I'll have to dig into that for a bit.

I put food in that category as well, the more money I've made the less I noticed what I spent on food - until we went into health mode. But when I was younger, right after the military, having $20 left over after bills sure made food one expensive little bastard to deal with - that was before gas too.
__________________
~TheDoc - ICQ7765825
It's all disambiguation
TheDoc is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote