View Single Post
Old 07-29-2011, 08:27 AM   #195
yads
Powerplay Quarterback
 
Join Date: Apr 2008
Exp:
Default

Quote:
Originally Posted by WesternCanadaKing View Post
There is so much wrong with your post but this really stood out in not only its ignorance but also the arrogance. I don't understand why its such a problem to ask all members of the society to contribute more during times of hardship. The middle class and poor are going to pay no matter what happens.
Calgaryborn and Cowperson are absolutely correct when they say that the vast majority of taxes is paid for by the rich.

Nearly half of US households escape fed income tax

Quote:
In recent years, credits for low- and middle-income families have grown so much that a family of four making as much as $50,000 will owe no federal income tax for 2009, as long as there are two children younger than 17, according to a separate analysis by the consulting firm Deloitte Tax.
...
The result is a tax system that exempts almost half the country from paying for programs that benefit everyone, including national defense, public safety, infrastructure and education. It is a system in which the top 10 percent of earners -- households making an average of $366,400 in 2006 -- paid about 73 percent of the income taxes collected by the federal government.
yads is offline   Reply With Quote