They are not "taxed the same." The top 10% of earners pay virtually all of the income tax.
The income tax is not the only tax.
Every wage earner pays a nearly 8% FLAT tax on his income: Social Security and Medicare.
But the Social Security tax stops on compensation above $90,000. Why?
And Medicare isn't imposed on the price uptick from executive stock options. Why not?
And capital gains are taxed at 20%, but wages are taxed at 35%. Why?
THE PROOF OF THE PUDDING is in the definitions. For Dems:
rich = those indiv. earning 50,000 or more.
middle class-those earning 30,000 or less.
Example: An ambitious person trying to get ahead by working overtime or two jobs is not going to be given any slack over a person working 35-40 hours a week. The bottom line will be taxed total earnings. Thus, if you work 60-70 hrs
a week to get ahead, you're going to get busted at income tax time and have to borrow money just to pay taxes.
When Dems talk about soaking the rich, look in the mirror and you just may see one of "the rich". When they talk about giving "tax breaks" to the middle class, they are talking about GIVING govt. money (your tax dollars) to people on the lower end of the socio-economic scale.
I know because already been there and done that when Clinton-Gore raised taxes. This will be more of the same.
vaudine