Current Events — HabitableZone

Current Events » in reply to Allow me to simplify

If by simplify you mean...

continue to redefine terms until you can claim correctness, then sure, go right ahead.

The rich do pay most of the taxes in America.
The rich pay most of the Income Tax in america. That much is true. And it is only true if you define the rich as the top 10 percent of Income Tax payers for nearly all years(and thats supported by YOUR data!). Do you actually think that 1 out of 10 tax payers are "the wealthy"? You are welcome to do that- you can define "the wealthy" as the top 50% if you want, but the bigger you make that bracket, the more patently absurd your argument becomes. I personally think "the wealthy" are the top 2-3%. But it can be legitimately debated. 10% though is knocking on the door of absurdity.

Also, It is not clear to me that your table is not simply Income tax and not FICA. In fact, I read it as being Income tax reciepts (your below comments seem to affirm that read).

"As far as factoring in payroll taxes, where are your tables and statistics? I would like to see the same data with payroll taxes factored in."

At one time I had better data (not from IRS, though), but I was able to google up some credible 2nd-level sources that supports my quoted statistic

At the end of World War II, only 2 percent of federal revenue came from payroll taxes; now it's 37 percent. That's because most major tax cuts of past 25 years have been heavily tilted toward the rich. The biggest tax increase has been the payroll tax, which rose substantially in the 1980s.

true statements WRT the facts, we can continue to debate about the copnclusions he draws.

"And hey, the payroll tax wasn't my idea. It was the Left's. When Social Security started out, it only accounted for 2 percent of all revenues."

And I made no attributions of "blame" for FICA, nor am I even complaining about FICA. I like it, in fact- its just NOT lumped into the statistics that Larry gleaned of Rush Limaughs site.

" But then consistency has never been a strong suit of the Left"

Read my lips....
WMD in Iraq....
Nobody ever thought they'd use planes as missiles....

Shall I continue?

Davin L.

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