--- In [email protected], "jim_flanegin" <[EMAIL PROTECTED]> wrote: > > --- In [email protected], "authfriend" <jstein@> > wrote: > > > > --- In [email protected], "shempmcgurk" <shempmcgurk@> > > wrote: > > > > > > The so-called rich pay almost all of the income taxes in this > > country. > > > In fact, the top 1% highest-earning Americans pay a whopping 37% > of > > all > > > individual income taxes collected. The top 10% pay 67%. In > other > > > words, 10% of Americans pay two-thirds of the taxes. Half of > all > > > taxpayers those in the bottom 50% of earnings account for > less > > than > > > 4% of income tax revenues. This means no matter how taxes are > cut, > > > it's nearly impossible for those cuts to primarily benefit lower- > > > earning taxpayers. > > > > Actually, it sounds like it means you can > > give the bottom 50 percent a hefty tax cut > > without reducing tax revenues much. > > > Considering the bottom 50% only account for a measly 2.8% of the > wealth in this country, we could eliminate taxes for them > altogether. I don't think its a good idea, but since we're playing > with numbers...:-) >
Where do you get your "2.8%" figure from, please?
