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To: Stultis
Look midway down the page for who pays what: Office of Tax Analysis of the Treasury Department

Once the Democrats can get over a 60% voter turnout, the decay cycle will be complete.

Our best defense is voter apathy.

98 posted on 01/04/2002 7:16:46 PM PST by holman
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To: holman; D Joyce; Aurelius; nicollo
Great link holman. Here's the table:

Percentiles Ranked by AGI
Adjusted Gross Income
Threshold on Percentiles
Percentage of Federal
Personal Income Tax Paid
Top 1 %
$269,496
34.75 %
Top 5 %
$114,729
53.84 %
Top 10 %
$83,220
65.04 %
Top 25 %
$50,607
82.69 %
Top 50 %
$25,491
95.79 %
Bottom 50 %
< $25,491
4.21 %

And I agree with your course of action. When the number of people voting in federal elections approximates the population of Washington D.C., then people will start telling the feds to stuff it. For now, the federal government has accomplished its goal of sticking the minority of voters with the majority of taxes, and it has crafted a program pandering to virtually every social/economic/gender/age/race interest group, all of whom are voting to increase their share of government largesse.

The iron laws of economics dictate that everyone can't live off everyone else. The more a government strives for this, the sooner its own downfall.

115 posted on 01/05/2002 9:22:49 AM PST by SteamshipTime
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