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davidd · 01-09-2004, 12:29 PM

Quote:

Originally posted by NetRodent

There's a difference between lying and exaggerating.

Here's a somewhat out dated link from the Congressional Budget Office talking about tax burden:

http://www.cbo.gov/showdoc.cfm?index...m=0&sequence=0

Here's a nice analysis of it:
http://www.allegromedia.com/sugi/taxes/

Put very simplistically the top 5% paid about 50% of income taxes in 1999, up from 38% of income taxes in 1977.

Correct, and what most people on here do not realize is the definition of 'rich' is being lowered each year.

To be deemed the top 5% of income earners you need to break just over a 1/4 mil a year. Which, by my definition, isn't rich. Yet the Democrats keep on using the term 'rich' and the mass media watchers eat it up. Yeah, yeah, cruficy those nasty 'rich' people.

-dd