🚀 go-pugleaf

cds@MCS.COM (Chris D. Silva) writes:

>: Ah, the "Let's give the rich even MORE money, screw the poor
>: and middle class" tax.

>How does this compute?  If I make 10,000 a year, I would pay 1,500.00
>Now If I made 100,000 a year I would pay 15,000 a year. 
> Fifteen percent is fifteen percent.

For whatever it's worth, the vast majority of the taxes paid in this
country are by the top few percentage of wage earners.   We'd hardly
notice if the bottom half of the families (ranked by income) stopped
paying taxes.

Given that you're "paying your share" when your tax rate is equal to
the total income taxes divided by the total national income,
the bottom three quarters (4/5's?) of the population isn't "paying 
their share".   The top 10% is paying something like 75% of the taxes
in this country, and the top 50% is paying something like 98%.

Almost any scheme that reduces the high end rate below the current
30'ish percentage is going to reduce the taxes on the wealthy.  And
if the government keeps it's budget the same, that means that other
people will have to make up the slack.

The previous is entirely intended to be "facts", and is not intended
to promote any given tax scheme.   

Personally, I'd just as soon the government audit businesses for 
sales tax, rather than private individuals.  None of their business
how I spent my money last year.

Keith Graham
skg@sadr.com