🚀 go-pugleaf

> > Obviously those who pay the majority of the taxes get the majority of
> > the benefit.  If you pay zero in taxes, a tax cut won't affect you.
> >
> > The top 1% pay 36.89% of the taxes.  The top 50% pay 96.7% of the
> > taxes.  Half of this country is living off the backs of the other half.
> >
> > See row 170:
> > http://www.irs.gov/pub/irs-soi/04in05tr.xls

> This is pure fiction.

LOL!  Talk to the IRS, it's their data, right from their site.

> Firstly, there is hardly none that pay NO taxes.

http://www.taxfoundation.org/publications/show/1410.html

There were 43.4 million tax returns, representing approx 91 million
individuals, face a zero or negative federal liability.

> Secondly, I'm guessing you are referring to Federal income taxes - but
> in reality, that's only a portion (perhaps 1/3) of all taxes.

Of course I'm talking federal since that's what the OP is talking
about.  What's your source to believe that Federal Income tax only
makes up of 1/3 of all taxes?


> In reality, the sweet spot in the US is between 100-150K salary - they
> tend to pay the least percentage of overall taxes.

Clearly that statement doesn't jive with the IRS data:

http://www.irs.gov/pub/irs-soi/04in05tr.xls

and here

http://www.taxfoundation.org/publications/show/1941.html

or here (table 8)
http://www.taxfoundation.org/publications/show/250.html


People making $100k-$200k pay 22.51% of the taxes.  People who make
<25k get income credit.  In effect, they pay ZERO taxes (they "pay"
less than zero!).

>200K pay half the taxes in the US.

But don't let me get in your way of arguing with IRS statistics!!!