Psssst – You're being robbed

Um. I'm no math major, but doesn't that mean the people in the middle, that lovely 51 - 99 bracket, paid 60 percent of the taxes? And isn't a whole big chunk of that bracket the "middle class"?

BS stat..
see if you take away a dollar from the poor and give it to someone in a higher tax bracket.. which is what this article is about.. guess what happens there skeptic????
you get to tax that dollar at a higher rate.
Now give me a huge raise and I wont mind paying a higher percentage of taxes either.
SIcne we know for a fact the top2% tax rate went down under bush.. the only conclusion from your stats IS THE RICH HAVE GOTTEN RICHER AND THE POOOR HAVE GOTTEN POORER..
thanks for proving the point of the story.

and incase you havent gotten it.
10 men all making 200k each paying 25% in taxes that's 50k each for a totally of 500k.
each man is respocnible for 10% of our tax income.
now you take all that money from 9 of them and give it to 1 man now making 2million and taxed at a rate of 35%. this is a total of 700k (wow more tax reciepts just like the gop says happens when you cut taxes {for the rich})Now 1 man is paying 100% of the taxes.. this is your arguement, ingoring the fact that 9 are starving.. the rich guy is happy as pie.

See how that works??? see how lowering tax rate for the rich actually increases receipts by makign the poor poorer and the rich richer, so you can tax the same dollar at a higher rate but still makes the rich richer.

so next time someone compalisn about the rich paying 80% of the taxes, remind them that they own 90% of the country and if income was more equal the rich would not be paying such a high percentage of our taxes

Oh and on your median income.. perhaps you should adjust that for inflation here ya go check it out.... the numbeers come out quite quite differnt. Also check out our cia world fact book page... yeah it supports my argument by saying "Since 1975, practically all the gains in household income have gone to the top 20% of households."
so much for a rising tide lifts all ships huh.
long story short, you are wrong skeptic.

Um. I'm no math major, but doesn't that mean the people in the middle, that lovely 51 - 99 bracket, paid 60 percent of the taxes? And isn't a whole big chunk of that bracket the "middle class"?

Those with the top 10% of incomes pay 70% of income taxes. The poor and middle class pay relatively little in income taxes. Actually the poor and middle class families pay very little income taxes. Single people pay quite a bit more.

That being said, I think the problem here is that there was a time when helping business meant helping common US citizens. However, in today's global economy helping big business means more jobs go over seas. Many companies (including the one I work for) are desperately trying to send jobs to places like Malaysia, China, and Costa Rica.

I also see a problem with the fact that corporations will actually write bills, send them to congress and get them passed as laws. Telecommunications companies and Entertainment companies do this quite a bit. In the end, nothing is being done for the middle class people.

Septic,

Those percentages are based on dollar amounts, not on percentage of income paid. Of course the rich pay more dollar-wise than the poor; they make considerably more money. But they do not pay a higher percentage of their income in taxes than the poor.

The poor pay @18% in taxes; the rich 19%. Those numbers are based on percentage paid on income.

I also see a problem with the fact that corporations will actually write bills, send them to congress and get them passed as laws. Telecommunications companies and Entertainment companies do this quite a bit. In the end, nothing is being done for the middle class people.

Yes, Mussolini called it Fascism. That is where we are.

SS
Did you read the article? Redistribution of income by taxation does not even come in to it.

The poor pay @18% in taxes; the rich 19%. Those numbers are based on percentage paid on income.

What type of taxes are you figuring into these numbers? The poor do not pay income taxes and if you make very little and have a family you actually gain money with the earned income credit.

The working poor pay income taxes. It is a myth that they don't. They also pay local and state income taxes, sales taxes and property taxes - the percentage paid in property taxes being higher than the percentages for the rich, because of that dollar thing.

Also, the working poor do not have the benefit of tax shelters which the rich do, so that the rich can actually lower their tax basis while the poor cannot. Nor do the rich only make their money through income, while the poor do, so the 15% capital gains tax benefits the rich.

renard

If you buy gas the Republican Policies are costing you a additional $5000.00 a year in gasoline cost alone,

How do you figure this? Gas prices are high world wide not just in the US. I blame a lot on Bush and the Republicans in Congress but this is a huge stretch.

lol no but we expect when our production increases and the companies make more money that that money actually trickles down as promissed, instead it doesn't happen but when times turn tough people do get the axe.
the socailist dems havent been in power over the past 8 years.. but thanks for spinning..
and many of these top wage earners who have seen their tax rates free fall since that liberal JFK, send our money overseas by hiring chinese workers who spend their paychecks at chinese small biz.
yeah I see a lot of ignorance and koolaid drinking.. iff you think that bailing our mega corps and not bailing out smallbiz doesn't tip the field in their favor.
your drinking the koolaid when you think that reducing capital gains taxes below income tax rates, doesn't actaully filter money upwards.
as for the drilling, it has been proven it would only save us 7 cents in gas and had the clintons allowed us to drill that oil would almosts be gone by now...
and yeah who has the fastest growing economy on earth?? china and what is their economy based on?? and what about norway.. lol yous guys talk a good game, but simple facts always get in your way.

It isnt that obama is going to raise taxes, he is going to roll back tax cuts, as the top 2% have seen their tax rates drop with every president since kennedy.

Colonialgirl...I see a lot of ignorance and koolaid drinkers here believing all the propaganda that they are "being robbed" BY "INCOME INEQUITY"; so what do they think, that they should get paid for doing less,

What a mouth; it must be the scullery maid form of colonial that the name refers to, since manners and polish are nowhere to be seen.

Arrogance is only tolerable when educated facts back up the claims. If you'd like to look for individuals who earn more for doing less, look no farther than Wall Street's biggest bankers who drove portfolio losses into the billions and recieved golden parachutes in the megamillions.

I've never gotten employment from a poor person, have you?

Wrong question tootsie, what rich person has made a fortune without exploitive practices and government handouts is a better one. How many Federally subsidized corporate welfare programs do the working class support with tax dollars? How much help should corporations get?

The Archer Daniels Midland Corporation (ADM) has been the most prominent recipient of corporate welfare in recent U.S. history. ADM and its chairman Dwayne Andreas have lavishly fertilized both political parties with millions of dollars in handouts and in return have reaped billion-dollar windfalls from taxpayers and consumers.

Thanks to federal protection of the domestic sugar industry, ethanol subsidies, subsidized grain exports, and various other programs, ADM has cost the American economy billions of dollars since 1980 and has indirectly cost Americans tens of billions of dollars in higher prices and higher taxes over that same period. At least 43 percent of ADM's annual profits are from products heavily subsidized or protected by the American government.

Moreover, every $1 of profits earned by ADM's corn sweetener operation costs consumers $10, and every $1 of profits earned by its ethanol operation costs taxpayers $30

Colonial,

Absolutely. We all just want to take everyone's money and throw it up in the air and whoever catches the most of it gets to be rich.

While we're at it, we're coming to your house and kicking you out because you're just too stupid for words. No offense. ;-)

Hey Colonial,

paid the same as someone that is responsible for an entire corporation

Did you know that the average Internal Medicine physician in the US makes $160k? Do you think that is too much for someone who is responsible for the lives of thousands (usual patient base) of actual people (not a corporation, I know)?

How about the average Physician Assistant who has the exact same responsibilities as the doctor s/he works under making $85k? Too much?

Democracy creates wealth, and wealth eventually destroys Democracy - I don't remember who said that but it sound about right.