#25
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Re: Ron Paul on taxation?
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[ QUOTE ] [ QUOTE ] [ QUOTE ] ...more of the total tax burden shifted to the rich... [/ QUOTE ] Could you elaborate on what you mean by this statement? [/ QUOTE ] It means as a total percentage of taxes collected, the rich are now paying a bigger share than they were before. [/ QUOTE ] I've engaged in similar discussions on this forum before here and here. I'll just quote my response from the first thread: [ QUOTE ] ...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. [/ QUOTE ] [/ QUOTE ] 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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