Not even fair taxes


The real income distribution

I'm not going to spend of lot of time on this, it's been done to death. Here's what you need to remember in a nutshell.

The top 1% of taxpayers pay 40% of all Federal income tax.

The top 10% of taxpayers pay 71% of all Federal income tax.

The top 50% of taxpayer pay 97.1% of all income tax.

Remember, the income tax doesn't affect the rich as much as it affects those trying to become rich.

You know, that American Dream thing.

— NeoWayland

Posted: Tue - July 22, 2008 at 01:42 PM  Tag


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