The Mudcat Café TM
Thread #92887   Message #1782108
Posted By: Susu's Hubby
12-Jul-06 - 06:08 PM
Thread Name: BS: Oh no!....Say it ain't so!!
Subject: RE: BS: Oh no!....Say it ain't so!!
You're right Hubby.....taxes are extremely unfair.


Here's basically what it means for those of you who aren't good at math or readin' charts.



The wealthiest 1%, in 2003, earned 14% of the income and paid 35% of all individual income taxes.

By comparison, the bottom 60% of all taxpayers earn 28% of all income and pay just 1% of all individual income taxes.


This is directly from the cbo. No news slant here. Just plain hard facts.


Hubby