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bpuharic
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First recorded activity by BoatBanter: Dec 2009
Posts: 4,106
Consideration required
On Thu, 28 Jan 2010 11:37:26 -0500,
wrote:
On Thu, 28 Jan 2010 06:30:22 -0500, bpuharic wrote:
How is that different than today? After taxes, it would take the
_entire_ wealth of someone like Bill Gates to keep Obama in debt spend
for just one week.
right now at least they pay 15%. the middle class pays about double
that.
That is more like 20-22% top line to bottom line, less if you have a
big mortgage. I agree rich people could pay more on cap gains but they
do end up paying most of the taxes now.
that's because their income went up 300% iin the last 25 years. middle
class incomes went up about 20%
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