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Article #191

Re: By the numbers: Who Wins, Who Loses

#191
From: gamer
Date: Mon, 30 Oct 2006 13:34
31 lines
2384 bytes
Larry Bud wrote:

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


The obvious reason there are more returns showing  NO federal come taxes 
during the Bush years is that there are significantly more families 
being pushed into poverty.

Then again, these same families are paying FICA, sales & property taxes 
- typically at a much higher percentage of income vs the wealthy.

Care again to quote just how many pay "NO" taxes?

Hint - federal income taxes are only about 1/3 of total taxes.
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