The Democrats lie all the time about the wealthy in America and say each time with honest faces that the rich do not pay any taxes.
Originally Posted by Rebellion
This is a straight up lie and the Democrats know it and they continue to say it anyway.
Here is the honest truth about who in America pays income taxes and which "protected" groups do not.
"Americans making over $50,000 paid most of the federal taxes that were paid in the U.S. in 2010.
According to statistics compiled from the Internal Revenue Service (IRS) by the Tax Foundation, those people making above $50,000 had an effective tax rate of 14.1 percent, and carried 93.3 percent of the total tax burden.
In contrast, Americans making less than $50,000 had an effective tax rate of 3.5 percent and their total share of the tax burden was just 6.7 percent.
Americans making more than $250,000 had an effective tax rate of 23.4 percent and their total share of the tax burden was 45.7 percent.
Out of the 143 million tax returns that were filed with the IRS in 2010, 58 million – or 41 percent – of those filers [all Democrats] were non-payers.
In other words, only 85 million actually paid taxes.
But Tax Foundation data also shows that people who didn’t pay any income tax received $105 billion in refundable tax credits from the IRS.
Last edited by James Cessna; Apr 25 2012 at 02:12 PM.
"If you give a man a fish (socialism), you feed him for a day. It you teach a man to fish (capitalism), you feed him and the people he employs for a lifetime."