Quote:
Originally Posted by Riot
.
Put it this way: The US runs on the takeout. The wealthiest 1% live lives with little to no take out, but the bottom 99% has 15-30%. And they want to increase the take out on the bottom, to create more wealth at the top.
|
And then when tax time comes the top tenth of the 1 percenters pay 18% of all personal income taxes while the bottom 50% (half) pay for 3%. Using the population numbers provided in your article that means that a little over 300,000 people pay six times what 150,000,000 pay. Or one person pays what 30,000 do. Take the top quarter or 75 million. They pay six times what the remainder of the country 225 million pay. So rest easy the rich are covering their end, payroll tax and all. Must be something else like a leak somewhere in the system.
Sam Walton started from nothing. A loan from his father-in-law and money he had saved from the army and bought one Ben Franklin Store. It's a shame many americans begrudge his and others success. But misery needs company I suppose.
http://www.irs.gov/pub/irs-soi/08inratesharesnap.pdf