--- In [email protected], new.morning <[EMAIL PROTECTED]>
wrote:
>
> --- In [email protected], "jim_flanegin" <jflanegi@>
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. :-)
>
> I'm glad SoC and knowledge of economics are not correleated. Nor
with
> logic. Or are they? hmmmm.
>
I am absolutely positive you will learn more by turning your
microscope elsewhere. As the cop says in the B-movie, "move along,
nothing to see here citizens"...:-)
