Level Extreme platform
Subscription
Corporate profile
Products & Services
Support
Legal
Français
Canada's new Prime Minister is right wing
Message
From
07/02/2006 13:01:58
 
 
To
07/02/2006 12:03:32
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01089719
Message ID:
01094340
Views:
47
But you've really really gotta wonder about this.

It flies in the face of what all 'economists' always say when they talk about taxes... that it is the middle class where the majority of tax money comes from so government has to be real careful when it reduces tax rates for the middle class.

And it sure has one questioning just how many multi-millionaires there are in the U.S. There's gotta be one huge number of them, and they all have to be paying big taxes, for this to make any sense in my head.
And here I thought that multi-millionaires were masters of tax avoidance.

Do you think business might be included?



>The bottom two items fall into the top 20% group and I think were only listed to demonstrate that the top 6% pay 56% of the tax burden.
>
>
>>Ok, your right.
>>
>>>You only add the first 5 items in the list to make the whole (99.8). The bottom two items are more for information purposes only (not a portion of the whole) to show a percentage for those earning groups.
>>>
>>>>>
>>>>>Lowest 20%   1.1%
>>>>>Second 20%   5.2%
>>>>>Middle 20%  10.5%
>>>>>Fourth 20%  19.5%
>>>>>Top 20%     63.5%
>>>>>Top 5%      35.9%
>>>>>Top 1%      20.1%
>>>>>
>>>>
>>>>Total 155.80%
>>>>
>>>>Somebody paying twice. :)
Previous
Next
Reply
Map
View

Click here to load this message in the networking platform