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To: GOP_Lady
Thse charts can only be near to accurate when one TOTALLY IGNORES SOCIAL SECURITY taxes.

I hope i have made myself clear.

15 posted on 04/12/2009 10:02:51 PM PDT by BlueDragon
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To: BlueDragon

You are clear, and I agree. :-)


17 posted on 04/12/2009 10:04:51 PM PDT by GOP_Lady
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To: BlueDragon

The article from Rush’s site was titled:

“Only The Rich Pay Taxes — Top 50% of Wage Earners Pay 96.03% of Income Taxes”

So, it’s income taxes only.

Here’s the footnote that I should have put underneath the chart:

“*Data covers calendar year 2001, not fiscal year 2001 - and includes all income, not just wages, excluding Social Security”

http://www.rushlimbaugh.com/home/menu/top_50__of_wage_earners_pay_96_09__of_income_taxes.member.html


19 posted on 04/12/2009 10:10:45 PM PDT by GOP_Lady
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To: BlueDragon

If Obama gets his way and removes the earnings cap on Soshsecurity contributions, the charts will be accurate.


64 posted on 04/13/2009 6:08:03 AM PDT by csmusaret (You can't spell Democrat without R-A-T.)
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