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To: Nachum

Whatever the amount of the revenues, only 50% is paying them!


26 posted on 11/14/2013 3:51:45 PM PST by Road Warrior ‘04 (Molon Labe! (Oathkeeper))
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To: Bushbacker1

“Whatever the amount of the revenues, only 50% is paying them!”

Actually, I think the correct statistic is that only about 50% are paying income taxes. However, a much larger share of Americans are paying federal taxes in the form of payroll taxes. These taxes are used, like income taxes, to pay for whatever bills the government incurs. I think that now the federal government collects more money in payroll taxes than in income taxes.


42 posted on 11/15/2013 5:45:26 AM PST by paristexas
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