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Old 09-23-2011, 10:55 AM  
TheDoc
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Quote:
Originally Posted by 12clicks View Post
here's my proof:

http://www.washingtonpost.com/blogs/...d0iK_blog.html

When you add up all of the various taxes, and look at the effective tax rates, it is clear the tax system is already pretty progressive. Everyone pays some tax, even those who pay no federal income taxes, and the wealthiest pay a larger percentage share of taxes. 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


That's not proof of what is ACTUALLY paid... are you that slow?

If I were in your shoes I wouldn't admit to know having any clue about money or taxes or investing or business.... but you continue to do it with every post.


This was a great example of how you're totally wrong in just one minor way....
http://www.cbo.gov/publications/coll...table_2006.pdf
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