That's as far as Democrats ever take the discussion.
Are the taxes paid the same?
In 2009, the latest year I have these numbers for, the top income quintile paid 68 percent of ALL Federal taxes. Which includes payroll taxes.
In 1999, under Clinton rates, it was 65 percent.
If you look at just income taxes, which is the rates we're talking about increasing, in 1999 the top quintile paid 89 percent of all income taxes. In 2009, that number was 94 percent.
Would that be more taxes paid now, or less?
The military. National parks. NASA. Roads. Department of Energy. Research. Infrastructure. Every welfare and social program that isn't Social Security or Medicare. Everything else you can think of that the Federal government does.
94 percent of it all is paid by those in the top 20 percent of income.
And before you ask, their share of income is about 50 percent.
I want a hard number from Democrats on what percentage, precisely, constitutes a "fair share" of the burden of running this country.
But then, the usefulness of this class-warfare idiocy as a political weapon would vanish, wouldn't it?
Current Events » in reply to Oh yeah, you're right. Taxes have gone up for the wealthy over the last decade right?
The tax rates are the same now as ten years ago.
The whole thread (28 posts)
- What is not going to happen now
- The reason they hate him so much, Buck, is they are afraid he'll become the new FDR.
- He just might.
- You guys have been trying to dismantle the New Deal for almost a century now.
- He just might.
- Congratulations, you've saved Big Bird.
- So...
- The reason they hate him so much, Buck, is they are afraid he'll become the new FDR.