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| subject: | Re: WGA Strike 90%+ vote to strike |
In article ,
Josh Hill wrote:
>
>
> Meanwhile, the Republicans have been preferentially reducing the taxes
> of the rich. I'd take some of that back.
>
> To put it in perspective, the top 1% of American taxpayers earn 21.2%
> of American income. They paid 39.4% of income taxes, or a bit less
> than twice the average rate, but they paid much lower effective rates
> on other taxes such as FICA, real estate, and sales, so their overall
> tax burden as a percentage of gross income may well be *lower* than
> that of the middle class.
That isn't remotely correct on the FICA, especially when figure
in the earned income and kid's credits which were specifically put in
there as a tax reduction for FICA, as I have shown you time and time
again. As for the rest of it, there is no real way to show that. I wish
there was.
> So we're talking in essence about a drop-in-the-bucket wealth transfer
> from the rich, who wouldn't notice it any more than you'd notice a
> gallon of water taken out of your swimming pool, to those in deep
> poverty.
You are really free with other's money.
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