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NOYB wrote:
His facts are pretty damn close: http://www.ctj.org/pdf/fsl2004.pdf The bottom 40% pay only 7.7% of the taxes. The top 20% pay 62.6% of the taxes. The top 40% pay 81.6% of the taxes. And we effectively have a flat tax to within about 1.7%. Why would the wealthy complain? Shares of Average Total Total cash income taxes income now ---------------------------------------- Lowest 20% $ 10,400 3.4% 2.2% Second 20% 21,200 7.0% 5.5% Middle 20% 34,500 11.7% 10.5% Fourth 20% 56,300 19.2% 19.0% Next 15% 96,700 25.2% 26.5% Next 4% 201,000 14.4% 15.3% Top 1% 978,000 19.1% 20.8% ALL $ 56,800 100.0% 100.0% |
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