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Originally Posted by InformedConsent
You think you can fool people, but that's not going to fly here on C-D as long as some of us are willing to tell the truth and expose your lies.
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Oh, give it a rest. We've been around this block before, and you're nothing but stuck in your little CATO/Mises litter box. Mr. Huffy is all hot air.
Quote:
Originally Posted by InformedConsent
Here are the percentages of individual tax revenue paid compared to the percentages of income earned. It is NOT the same curve all along the income scale...
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See what I mean? The point is over income taxes paid versus wealth owned, but you apparently haven't managed to keep even that much straight. And why are you still pulling data from the Tax Foundation? They use IRS data, just like me. Why not move up and play with the big boys?
Quote:
Originally Posted by InformedConsent
Wow... what a concept... they actually have to pay into a system they use. Imagine that. Equal treatment under the law. Is that an unknown concept to Dems?
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Yeah, equal. The low income folks are of course getting screwed again, and this is just on income tax. We allow the bottom 50% to hold all of 2.8% of the wealth, then we make them pay 3.3% of the income taxes, and further sock it to them with payroll and excise taxes. Some equal treatment expert you are...
..........Tax......Wealth
.........Share.....Share
Top 1%....36.9......32.7
Top 5%....57.1......57.2
Top 10%...68.0......69.8
Top 50%...96.7......97.2
0 > 50%....3.3.......2.8
Note: These are Fed data which for definitional
reasons will differ slightly from IRS data.
And since you've had an additional six months or whatever to think about it, have you managed to come up with any explanation at all as to why taxing people according to an annual income share is preferable on equity grounds to taxing people according to their wealth share? Given the futile nature of your attempts to deal with that question last time, I would doubt it. And of course, don't forget to take marginal utility theory into account in your answer, should you at last attempt to provide one.