Quote:
Originally Posted by oLd-SouL";p="
Quote:
Originally Posted by oLd-SouL";p="
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Take 2001, as it is the most recent. What I see is the top 1% of wage earners paid 34% of the total income tax to the Government. And the top 50% of wage earners paid 96% of the total income tax to the government.
That means that the bottom 50% of wage earners only paid 4% of the total income tax to the government. Yet the bottom wage earners pull at least 50% of the government's resources, and arguably much more. I'm not a flat tax fan, but I think we've gone too far with these redistributions.
Any of our left leaning forum go'ers want to explain how 1/2 the population should enjoy greater than 50% of what the government provides and yet only put in 4% into the pot of $? |
Yes, b/c the top 20% of the populations posesses approx. 83% of this nations wealth. The bottom 20% posess about .4%. The top can afford the tax burden, the bottom can't. I posted the link to this data on another thread. You can look it up if you want to.
-Demosthenes