On Mon, 29 Aug 2005 12:56:49 -0400, DSK wrote:

PocoLoco wrote:
What percent of total taxes are paid by the top 5%?

Does it matter?

What percent of the overall personal wealth of the coountry does that 5%
own? Is it more or less than the percent of taxes? What about the
percent of income?

Now, why shouldn't a person (or group of people) who have absurdly large
incomes pay absurdly large taxes? Maybe because they hand over bigger
campaign donations?

DSK
What does ownership of assets have to do with income tax?

I pay property tax on real estate and property tax on automobiles. I pay tax on
interest earned, but not on the principal. Is it your contention that I should?

Those who have absurd incomes should pay absurd taxes, but at the same rate as
everyone else.
--
John H

"All decisions are the result of binary thinking."