The 2007 pre-recession numbers are in this article, divided into income, investments, and general financial assets.
According to the CBO, they pay about 28 percent of all Federal taxes (including payroll) and 40 percent of income taxes.
If they liquidated any of their investments (wealth), they'd pay additional tax on that, too. 35 percent for short-term gains, 15 percent for long-term gains. Under current law this is increasing to nearly 40 percent and 20 percent respectively in 2013. Unless Obama extends the lower rates again like he did last time.
Your premise, of course, is that if anyone is rich enough you have the right to take it away from them.
The punk who jacks your car has the same philosophy about you. It's a wonderful thing to base a political ideology around.
Almost every damn totalitarian thugocracy on the planet was founded by people who promised to take down the wealthy and powerful and create prosperity for all.
Go ahead, burn them all down. See who pays the taxes next time around.
Flame » in reply to Re: We've been over this.
The 2007 pre-recession numbers are in this article, divided into income, investments, and general financial assets.
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- Why a conservative can win.