If you read the article, it about income taxes. It’s not about “paying nothing” which the likes of Rush Limbaugh talk about.
Work out the numbers on a spreadsheet… If family earns $30k per year, owns a very modest house, how much in total taxes do they pay (I mean taxes of all kinds, including payroll, sales, property, DMV fees, etc..) as a proportion of their income.
Now compare the percentage to someone making $20 million in capital gains.[/quote]
Exactly. When you consider the fact that around 100% of a poor person’s income is spent within weeks, if they are paying sales taxes, property taxes (even if it’s via their landlord), all the pesky taxes and “fees” for everything, etc., I’ll bet they pay an much higher percentage of their income in **these** taxes than “rich” people do.
Perhaps if “the rich” quit off-shoring the jobs of the poorer people, they would be able to pay income taxes, too!
