Screenshot for the table mentioned:
Also, when arguing with leftists, the following table may be of interest:
So clearly the rich b@$+@rd$ need to start paying their fair share. 100% of income taxes is clearly not enough. </sarc>
Screenshot for the table mentioned:
Also, when arguing with leftists, the following table may be of interest:
So clearly the rich b@$+@rd$ need to start paying their fair share. 100% of income taxes is clearly not enough. </sarc>
Of course the Rich don’t pay enough. They still have some left.
The rich neeed to pay 1500% of the taxes. I want my government subsidies that exceed my income too.
Just to be clear, the “rich”, i.e. the top 40% of taxpayers (and you’d be surprised how many of you fall into that category) paid 104% of the NET tax revenue. Because of the government handouts to the “poor” which more than repaid what little the bottom 40% had to send in, the net was significantly reduced.
As a corollary, this means the middle 20% was a wash. What little they paid they got entirely refunded.
The takeaway here is twofold: One, the government is now engaged in naked wealth redistribution; they’re not even trying to hide it. Two, the entire system is being carried by just slightly more than one-third of “taxpayers”, and an equal percentage is actually an explicit drain.
100% of a Dollar is one Dollar, not $1.50. Where the hell is this math coming from?
It’s even worse. They are talking about 100% of tax revenue. Keep in mind that our government spends about 30% MORE than that, with the rest in debt. Who is going to pay that debt and interest? Not those that don’t pay federal taxes, that’s for sure.
I don’t buy this. I pay plenty of taxes, and I am in the lower quintiles.