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We're against saying billionaires should be taxed at the same rate as a single mom who makes her living as a waitress.
You're totally on to us.
that's right a billionare (btw..income tax is about annual income..not net worth) should have a tax rate EQUAL...we all want equality...to the rate of ANYONE ELSE
tax EVERYONE at 15%...a single mom, or a ceo...doesnt matter
You can listen to these B.S. right wing story lines about how taxing the rich is so awful, or you can start sticking up for your family....It's your choice.
The problem is the definition of "rich." When politicians start making tax policy, "rich" means anyone who works, particularly 2-income families. Our federal tax policy taxes income--and taxes most heavily the income earned by working.
Those who are actually rich DON'T HAVE TO WORK to survive--think Paris Hilton and how she acted on "The Simple Life" when shown what it was like to work for just a day--let alone 80 hours a week, 50 weeks out of the year. But politicians don't tax the truly wealthy, since those are people who own them. Instead, our tax policy punishes and takes the most from those who work the most. And of course it rewards those who don't work. The very wealthy and the very poor love this system. The working Middle Class get robbed blind by it, but apparently they don't get to "stick up for their families" because it is Politically Correct to want to tax the "rich."
Those of us who got advanced educations and sacrificed all the best years of our lives to work insane hours are a far cry from the Paris Hiltons of this world, who never worked a day in their lives and will never have to worry about making ends meet.
Too bad so many people fall for the Medias' and the politicians' ploy of using the resentment of the really rich to rob the working Middle Class.
However, income taxes are not the sole source of taxation by the feds.
Perhaps, but if we consider all taxes - corporate, excise, social insurance, income - the top 10% are still paying 55%.
If we expand to the top 20% of income earners, they are responsible for 70% of all federal tax liabilities. 86% of all income taxes, 42% of social insurance taxes, 87% of corporate taxes, and 34% of excise taxes.
Interesting data, but only through 2007:
Congressional Budget Office - Distribution of Federal Taxes (http://www.cbo.gov/publications/collections/collections.cfm?collect=13 - broken link)
that's right a billionare (btw..income tax is about annual income..not net worth) should have a tax rate EQUAL...we all want equality...to the rate of ANYONE ELSE
tax EVERYONE at 15%...a single mom, or a ceo...doesnt matter
but liberals dont want equality
You take your marching orders like a good boy.
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