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matclone · 05-21-2008, 02:58 PM

I dont' have time to wade through this, but maybe data can be found here.

http://www.irs.gov/taxstats/indtaxst...=96981,00.html

The table shown above (if accurate) is somewhat misleading. It shows only a slice of the tax picture (federal income taxes)--no state, property, sales, Social Security, or tax-exempt income shown. No capital accruement shown. It also doesn't show us anything about a taxpayer's ability to pay, for example, what portion of his income goes to taxes. A progressive tax system is designed so that those who can pay more, do. I think that's fair.

05-21-2008, 02:58 PM	#2 (permalink)
matclone Olympic Champ Join Date: Apr 2007 Location: It's a long way from East Colorado Posts: 2,764 Tournaments Joined: 0 Tournament Wins: 0	Re: Tax the rich....... I dont' have time to wade through this, but maybe data can be found here. http://www.irs.gov/taxstats/indtaxst...=96981,00.html The table shown above (if accurate) is somewhat misleading. It shows only a slice of the tax picture (federal income taxes)--no state, property, sales, Social Security, or tax-exempt income shown. No capital accruement shown. It also doesn't show us anything about a taxpayer's ability to pay, for example, what portion of his income goes to taxes. A progressive tax system is designed so that those who can pay more, do. I think that's fair.