If you expect people to be rational, you aren't being rational.
Because millions of people are taken off the rolls at the bottom, it's makes it appear as the the top are paying more when a group is expressed as a percentage of the total. But when you look at it on an individual basis they are paying less.
Multiple failures. The BTC's are tax rebates meaning that the taxes are still collected and then evaluated and those who qualify get a 1-1600$ refund. They are not tax cuts in that a certain people no longer pay taxes. Further more there are a few other systematic ways a corporation side steps taxes. You raise Walmarts taxes by 5%, Walmart then adds 5% to the price of its goods and thus ends up paying nada. The other thing is that take a single mother making 7.50 per hour. She still buys gas, alcohol, and makeup to name a few. Each of these and many others have inherent federal taxes added to their cost. Every person in the united states pays some federal taxes. Even the homeless. Think about it, the military is payed from tax dollars, which is in turn taxed again, and if they buy gas or smokes, it is taxed yet again. The federal governments greed is grotesque. It has been for quite a while. Bush, Obama, Clinton, these names do not seem to change things just focus our attention on different ideas and problems. This is why the OWS people seem to be so angry. They have a point. Does anyone disagree that we end up paying 30-65% in taxes each year? Look at the GDP, then subtract federal budget. Iknow what your thinking, that we borrow incredible amounts from other countries and thus the equation is flawed. True however this does not help you. We have to pay this back with interest that is almost always higher than the %growth of the country meaning we end up oweing more than we can ever pay.
If I had to guess, if we had austerity handed out like in Greece, OWS would be protesting that austerity and suggesting...no, demanding that the 1% pay for it...They'd blame everyone but themselves as usually, just like Greece. Our culture is in denial.
People are angry, at themselves, but they don't want to admit that. Far easier to burn a woman for witchcraft rather than admit it's our own lust that's the problem.
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Bull****. Why don't you want a nation where you don't have to work three jobs to survive; where you get an education paid for if you serve your country; and where lazy asses who shuffle money around aren't taxed at a rate half of that of those who actually do real work?
These may be good guys with good work ethic; but they've let machismo take the place of common sense.
This used to be a nation where a 40-hour-a-week job was enough to buy a home, feed a family, and still save for retirement and college for the kids. And that was on ONE salary.
And people run around and act proud of the fact that those things are no longer true and no longer apply to our nation. Hooray! We have to work like dogs just to get by paycheck to paycheck and hope to God we don't come down with a life-threatening illness!!! All so capital gains can be taxed at half the rate of labor!!! Yay for us!!!