Couldn't help but add some "color" to your great thread, and I hope "Taxi" will add some local color. &;-)
Posted on 04/14/2002 2:17:00 PM PDT by PsyOp
"The collection of taxes... has been as yet only by duties on consumption. As these fall principally on the rich, it is a general desire to make them contribute the whole money we want, if possible. And we have a hope that they will furnish enough for the expenses of government and the interest of our whole public debt, foreign and domestic."
--Thomas Jefferson to Comte de Moustier, 1790. ME 8:110
Probably explains why Democrats want big taxes even more than big spending.
And that probably doesn't account for all the under-the-table stuff they raked in.
I wonder, how do you claim money recieved for pardons? What tax schedule form would you use?
You obviously haven't been keeping up with the infinite wisdom of FR posters.
An income of $35 million would put them at the top (of the top) one percent of tax payers and as anyone who keeps up with the latest GOP rhetoric knows, the top one percent of tax payers pay over 50% of the taxes collected...therefor the Clinton's would be paying dearly, some say unfairly, on their $35 million income.
We can't have it both ways.
Oh, and don't forget these people at the top one percent (Clinton's, Kennedy's, Kerry's, Feinstien, Boxer, etc. included) are the creators of wealth and jobs for this country and should be worshiped for it. < /sarcasm >
the San Diego Union tribune ran an article today written by Robert J. Caldwell (staff editor). he included the following stats from 1999:
"The top 1 percent of income earners (adjusted gross incomes abouve $293,413) paid 36.2% of all federal personal income taxes.
"The top 5 percent of income earners (adjusted gross incomes above $120,846) paid 55.5% of all federal personal income taxes.
"The top 10 percent of income earners (adjusted gross incomes above $87,682) paid 66.5% of all federal personal income taxes."
The bottom 50% of wage earners in 1999 (adjusted gross incomes below $26,415) paid 4% of all federal personal income taxes.
Figures for 2001, tax-cut included, will not differ more than a percentage point either way. It is that bottom 50% (and the limosine liberals) to whom all the Democrat rhetoric on taxes is directed.
The links are good. Some of the figuring in my response was done rough-hewn and fast, but pretty close.
The reason any "figuring" had to be done was that each source used a different basis, so I had to push some to make 'em fit together.
--Boris
Couldn't help but add some "color" to your great thread, and I hope "Taxi" will add some local color. &;-)
except that Bill and Hillary are not producers of anything of worth
Brought to you by the most ethical administration - ever...
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