Factcheck: "The wealthiest people in America pay a lot more taxes than the middle class'...

[Howest2008]

Originally Posted by sanrene

Huh?

Have you looked at the tables?

High earners pay more of a percentage of their income than those below them on the scale.

And it's possible for a Millionaire to pay no income tax using income tax loop holes...

[Sunny-Days-in-Florida]

Originally Posted by EinsteinsGhost

They also make a lot more than the middle class.

They should.

Smart success people deserve more money then those who do not have the skills to become super rich.

So do you think you are worth the same amount of money as Steve Jobs, Bill Gates etc?

Oh yea, it is not right for them to not share their earned wealth with others.

[2e1m5a]

I'd say paying 36.7% of the Income taxes when you control 42% of the wealth is pretty favorable.

Especially in light of the fact that only 17% of their income comes from wages to begin with. So many are misinformed. The majority of people that try to allign themseves with this elite group of people-the 1%-are simply mindless sheep needed to elect the right people.

News Headlines

Who Rules America: Wealth, Income, and Power


Income Inequality in Selected Countries 2010

Country/Overall RankGini Coefficient

1. Sweden 23.0
2. Norway 25.0
8. Austria 26.0
10. Germany 27.0
17. Denmark 29.0
25. Australia 30.5
34. Italy 32.0
35. Canada 32.1
37. France 32.7
42. Switzerland 33.7
43. United Kingdom 34.0
45. Egypt 34.4
56. India 36.8
61. Japan 38.1
68. Israel 39.2
81. China 41.5
82. Russia 42.3
90. Iran 44.5
93. United States 45.0
107. Mexico 48.2
125. Brazil 56.7
133. South Africa 65.0







"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
- Henry Ford

The Money Masters - How International Bankers Gained Control of America

This documentary has been endorsed by:
Milton Friedman ……….…. Nobel Laureate in Economics
Arun Gandhi…………….…. M.K. Gandhi Institute for Nonviolence
Dr. D. James Kennedy…... Coral Ridge Ministries
Aaron Russo………………. Producer, Director, Writer: America, Freedom to Fascism
G. Edward Griffin…………. Author: The Creature from Jekyll Island
Dr. W. Cleon Skousen….... Author: The Naked Capitalist, The Naked Communist