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Old 08-23-2010, 06:13 PM
 
29,939 posts, read 39,468,904 times
Reputation: 4799

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Quote:
Much of the progressivity of the federal tax system derives from the individual income tax. In 2007, the bottom quintile’s average rate for the individual income tax was -6.8 percent, which means that refundable earned income and child tax credits exceeded the income tax owed by that group. On average, households in the second quintile also received more in credits than they paid in individual income taxes. The average income tax rate was 3.3 percent for the middle quintile and 6.2 percent for the fourth quintile. For the highest quintile, the rate was 14.4 percent. The top 1 percent, on average, paid 19.0 percent of their income in individual income taxes.
http://www.cbo.gov/ftpdocs/115xx/doc...xRates2007.pdf

Note: This is from the CBO and violates no copyright laws.
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Old 08-23-2010, 06:37 PM
 
Location: AZ
383 posts, read 641,664 times
Reputation: 223
Quote:
Originally Posted by sindey View Post
Actually that free health-care has just been limited greatly in Arizona.
My neighbor received a letter she brought to me asking me to explain it to her.(she is slightly challenged)
The letter says that due to Az's budget problems the AHCCCS will no longer pay for certain medical care for anyone 21 yrs old or older.
Many people are going to die because of this.
No heart, lung or liver transplants. No lower limbs or joints for limbs, no Insulin pumps,hearing aids, dental care, podiatrist visits, etc. The list is quite long.
They have also cut people from the food stamp list.
I live here...do you happen to have a link to back this up?
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Old 08-23-2010, 07:17 PM
 
33,387 posts, read 34,847,766 times
Reputation: 20030
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Originally Posted by Boompa View Post
Anyone who makes minimum wage pays wage tax, which the rich do not.
Remove the cap and give the rich the chance to pay in
anyone who gets a paycheck, or runs a business pays payroll taxes, including the working rich.
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