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To: Remember_Salamis
That reason is out the window. So what else do you got?
Sure. A good portion of the population profits when the tax rate goes up.
119 posted on 08/13/2004 4:23:00 PM PDT by Your Nightmare
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To: Your Nightmare

"Sure. A good portion of the population profits when the tax rate goes up."

-- 10%? 10% with no political power??? 10% of the population benefits nowadays when taxes go up.

What else do you got???


120 posted on 08/13/2004 4:44:13 PM PDT by Remember_Salamis (Freedom is Not Free)
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To: Your Nightmare; Remember_Salamis

Sure. A good portion of the population profits when the tax rate goes up.

A "good portion" you say.

Hmmmm.

refer: Poverty 2001 - Poverty Thresholds 2001

&

ftp://ftp.bls.gov/pub/special.requests/ce/standard/2001/
Table 2. Income before taxes:
Average annual expenditures and characteristics, Consumer Expenditure Survey, 2001
Item Total
complete
reporting
Less
than
$5,000
$5,000
to
$9,999
$10,000
to
$14,999
$15,000
to
$19,999
$20,000
to
$29,999
$30,000
to
$39,999
$40,000
to
$59,999
$50,000
to
$69,999
$70,000
and
over
Households (thousands) 88,735 4,100 6,829 8,099 7,014 12,075 10,508 8,737 12,480 18,892
Income before taxes b/ $47,507 $1,666 $7,675 $12,380 $17,282 $24,494 $34,456 $44,418 $58,943 $113,978
Average annual expenditures $41,395 $20,517 $16,625 $20,642 $25,028 $28,623 $35,430 $40,900 $50,136 $76,124
Estimated market value of
owned home
$97,681 $41,007 $49,326 $53,907 $58,377 $61,612 $72,720 $79,331 $115,123 $194,720
Avg Number Persons 2.5 1.7 1.6 1.9 2.1 2.3 2.4 2.7 2.9 3.1

124 posted on 08/13/2004 5:09:27 PM PDT by ancient_geezer (Equality, the French disease: Everyone is equal beneath the guillotine.)
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