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In one year, the share of the income taxes of the top 20% increased incredibly -- from 84% to 95%.
1 posted on 10/27/2017 1:26:51 PM PDT by SoFloFreeper
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To: SoFloFreeper

Hard to cut much if you aren’t paying much.


2 posted on 10/27/2017 1:27:53 PM PDT by rb22982
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To: SoFloFreeper

More middle class people have fallen out of the workforce over the past 8 years. Hard to pay taxes when you don’t make any money.


3 posted on 10/27/2017 1:30:53 PM PDT by JamesP81 (The DNC poses a greater threat to my liberty than terrorists, China, and Russia. Combined.)
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To: SoFloFreeper

What’s they’re definition of middle class?

Seems like 30 years ago it meant nice house in nice area, new car every 5-7 years, ability to give your children a shot at a better life aka college degree, fairly close to someplace where there’s plenty of work that pays well enough to do all that. That’s like 120k/yr these days isn’t it? So they’re paying single digits?


6 posted on 10/27/2017 1:39:03 PM PDT by Pollard (TRUMP 2016)
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To: SoFloFreeper

We need to stop looking at “top xx% of earners” and start thinking in terms of taxes on labor. Every earner should have skin the game, as another poster pointed out, even if its only 1%, but the bulk of the tax burden should fall on people who can afford to write a check to buy a new A/C unit or a 5 series Beamer without worrying about anything vs those who don’t know how they will pay the power bill this month.

That’s why we need consumption taxes and not taxes on labor or capital. Like the Fair Tax.


7 posted on 10/27/2017 1:43:54 PM PDT by Bryanw92 (Asking a pro athlete for political advice is like asking a cavalry horse for tactical advice.)
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To: SoFloFreeper

“In one year, the share of the income taxes of the top 20% increased incredibly — from 84% to 95%. “

In a perverse way, based on the taxes they pay, the country actually belongs to the rich. So on the one hand, we complain that through their excessive wealth, they buy our government to be what they want it to be. But they, and the corporations they control, do pay for nearly everything the government needs ( or wants ) money to pay for.


9 posted on 10/27/2017 1:54:00 PM PDT by vette6387 (LOCK HER UP! COMEY TOO.)
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To: SoFloFreeper

The folks in the top 5 to 20 percent would be upper middle class and likely pay most of taxes.


12 posted on 10/27/2017 2:04:05 PM PDT by crusher2013
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To: SoFloFreeper

There’s something called “the national income”- it’s the total of all income earned in the country.

The top percentiles earn a big enough portion of the national income that they are liable for the largest portion of taxes. It’s not just a result of the tax rate. It’s who earns.

If the middle class grows again the percentage paid by the top percentiles could decline as a percentage while staying the same in real numbers.


13 posted on 10/27/2017 2:05:24 PM PDT by Pelham (Liberate California. Deport Mexico Now)
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To: SoFloFreeper

Unfair to make 80% of the population shoulder 5.2% of the tax burden!

Get Bernie Sanders on the phone?

Curse the billionaires and millionaires who aren’t picking up their fair share!

Call Fauxcahontas!


15 posted on 10/27/2017 2:15:24 PM PDT by SharpRightTurn (Chuck Schumer--giving pond scum everywhere a bad name.)
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To: SoFloFreeper

The size of the middle class has been greatly diminished in the past 8 years.


17 posted on 10/27/2017 2:21:09 PM PDT by Steamburg (Other people's money is the only language a politician respects; starve the bastards)
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To: SoFloFreeper

How much is this due to the shrinkage of the Middle Class during the ObamaCare years?


25 posted on 10/27/2017 3:06:53 PM PDT by Crucial
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To: SoFloFreeper
And as long as they are knocking down our borders, smearing us with the media and spending all of the money both of these elitists Democrats and Republicans alike need to pay more taxes not less. When they start listening to the rest of us then maybe we can lower their taxes, but not until then.
29 posted on 10/27/2017 3:44:38 PM PDT by amnestynone (We are asked by people who do not tolerate us to tolerate the intolerable in the name of tolerance.)
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To: SoFloFreeper

I know my tax on my pay is around 43%
I wish the rich would pay my taxes for me : )


30 posted on 10/27/2017 4:05:08 PM PDT by minnesota_bound
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To: SoFloFreeper

“Moochelle, my belle, my honey-—I shrunk the middle class!”


31 posted on 10/27/2017 4:19:04 PM PDT by lightman (ANTIFA is full of Bolshevik.)
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To: SoFloFreeper
The way the article is worded... I believe it is saying the top 20% of people who pay income tax pay 95% of the tax. But only about half of the population pays any income tax. So to me the article is really saying that 10% of the people in the country are paying 95% of the income tax. I would speculate that many of those who post here are within that 10%. As far as I am concerned the freeloaders who with government assistance are living rent free to be in this country and are paying no income tax and own no property should not be allowed to vote to give themselves more of the money taken from the productive people in our society.
32 posted on 10/28/2017 9:27:38 AM PDT by fireman15
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