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Re: G.O.P. Leaders in House Pull Tax Bill, Citing Lack of Votes
And the bottom quintile by income hands over about 17% of its income in federal, state, and local taxes, so they do have plenty of "skin in the game" as the downscale like to call it, in fact probably more than they can properly afford in many cases. The top 1% pays about 29% of its income in total taxes and has so much money left over that they barely notice.
Total Tax Bill by Income Group, 2011
Your figures are out of date. 51% did not pay income tax in 2009 according to the JCT. Of course, the reason that they didn't PAY any income tax that year is that they didn't OWE any income tax that year. Are you in the habit of paying taxes that you do not owe? If not, I don't see where you can have any objection at all to others doing just the same as you do.By the way do you have any idea where the money comes from to fund the military and those salaries? How much are the 47% on non income tax paying public pay for those expenses?
And the bottom quintile by income hands over about 17% of its income in federal, state, and local taxes, so they do have plenty of "skin in the game" as the downscale like to call it, in fact probably more than they can properly afford in many cases. The top 1% pays about 29% of its income in total taxes and has so much money left over that they barely notice.
Total Tax Bill by Income Group, 2011
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