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Old 10-18-2007, 05:31 PM
adios adios is offline
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Join Date: Sep 2002
Posts: 8,132
Default Re: Ron Paul on taxation?

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...more of the total tax burden shifted to the rich...

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Could you elaborate on what you mean by this statement?

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It means as a total percentage of taxes collected, the rich are now paying a bigger share than they were before.

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I've engaged in similar discussions on this forum before here and here.

I'll just quote my response from the first thread:

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...it was discussed that the total share of income tax paid by people earning more than $200,000 did go up between 2002 and 2004. But so did the number of people earning more than $200,000, as did the average income of those earning more than $200,000. Furthermore, filers earning more than $200,000 paid, on average, 4% less federal income tax in 2004 than in 2002, even though they earned on average 10% more. Similar trends can be found by looking at those earning more than $1,000,000 per year.

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So in your mind households making over $200,000 in income are automatically catagorized as being rich. Well that's better than iron81's $80,000.
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