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To: pleikumud
The average American doesn't pay income tax, he gets a check from the socialist Dems. Income taxes are paid in large part by about 5% of the population, and almost entirely by 20%. Others down to the 50% line pay nominal amounts, and receive about as much at the midpoint. The entire lower half of the population gets money from the tax code (other than payroll), not the reverse.
68 posted on 11/15/2008 5:51:29 PM PST by JasonC
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To: JasonC

That’s right:

http://www.ntu.org/main/page.php?PageID=6

That means the most influential and affluent people should support getting rid of the federal income tax.

The income tax should also be abolished for businesses, replacing both individual and business income tax revenue with the revenue from a national sales tax. This would be progressive and fair, since those with higher income and assets spend more. It would also promote savings and investment. Productivity would get a huge boost due to the elimination of the current cost of compliance = $$$billions.


72 posted on 11/15/2008 6:34:01 PM PST by pleikumud
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