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Canada's new Prime Minister is right wing
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De
08/02/2006 14:36:00
 
 
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08/02/2006 13:56:31
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Forum:
Politics
Catégorie:
Autre
Divers
Thread ID:
01089719
Message ID:
01094748
Vues:
29
Tracy,
Here's an excerpt from one of your citations:
Not surprisingly, high-income households are receiving the largest dollar tax cuts, by far, of any group. Those in the top one percent of the income spectrum will receive an average tax cut of $35,000 in 2005, or 47 times as much as households in the middle of the income spectrum. Those with incomes of over $1 million will receive an average tax cut of $103,000, or nearly 140 times the average tax cut that middle-income households will receive.

This is NOT incomes, but as I read it it says to me that if the TOP 1% of household income values average out tax cuts at $35,000 yet those with incomes over $1,000,000 average out to $103,000., the top 1% have extremely wide variances in income and few of them, relatively speaking, are millionaires (in annual income).

At the very least it likely is that the top .1 percent are paying the bulk of the top 1%'s amount. Is that good if so?



>Interesting perspective. The bottom 94% may also include those with very high incomes since the top 10% is included in that group as well. Or not, I don't know. In that same vein, the bottom 80% only paid 36.5%.
>
>
>>Where I'm going with my question is that the bottom 95% pays 64.1% of the taxes. This bottom 95% may be the middle class and lower class. Therefore, they might be paying the majority of the income taxes.
>>
>>>What I have always wanted to see is a breakdown of the tax burden itself (why is it so high) depicting where the tax money is spent...
>>>
>>>
>>>>I can't determine the family income range for each of those categories.
>>>>
>>>>>I guess you are referring to Canada because that simply is not so in the U.S. The facts show otherwise.
>>>>>
>>>>>http://www.cbpp.org/4-13-05tax.htm
>>>>>http://www.factcheck.org/article280.html
>>>>>
>>>>>Share of federal tax burden:
>>>>>
>>>>>
>>>>>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%
>>>>>
>>>>>
>>>>>While there are many references which claim different amounts, the percentage difference each one sites is very close.
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