lpnmajor wrote:
The difference between the incomes of half of Americans and the top 1% is, a factor of 1000%. Sure, the handful of people at the top pay a combined tax which comprises nearly 25% of total tax revenues, but that is vastly non proportional. It isn't a question of how much tax you pay, it's question of how much you pay on every dollar earned - which tells you how much you have left to live on.
A person making $50,000 gross, will pay an average of 22% effective tax, leaving them with $39,000 to live on. A person making $100,000,000 gross, will pay an effective tax rate of 11%, leaving them with $89,000,000 to live on. So, tell me; should our hearts bleed for someone with $89,000,000 to try and makes ends meet with? Bear in mind, 2/3 of the tax code, is comprised of special interest tax deductions, exemptions and credits, that only apply to the top 10%.
The uber rich spend a lot of money to get and keep those special tax breaks, money they should be paying AS taxes.
The difference between the incomes of half of Amer... (
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