--- In [email protected], "jim_flanegin" <[EMAIL PROTECTED]> 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. Tax cuts necessarily benefit those who pay the
> > overwhelming bulk of the taxes. This simple truth allows the left
> to
> > attack each and every tax cut proposal on the grounds that it
> > disproportionately benefits the rich.
> >
> > Yet we have exactly the kind of steeply progressive tax system
> > championed by Karl Marx.
> >
> Look at the greatly disproportionate distribution of income in this
> country, and you may get a clue why "the Left" thinks "the Right" is
> so greedy. Or you can just keep lying with statistics. By the way,
> the top 10% own 70% of the wealth, so they damned well better pay
> 67% of the taxes. The top 1% own 33% of the wealth. That means each
> of the top one percent is worth about $15,000,000. :-)
>
The last one left, turn out the lights in New York City.
Where have you gone, Johnny Gault (ayno)?
Our nation turns its lonely eyes to you.
What's that you say, Mrs. Robinson?
Joltin' Johnny has left and gone away.
