If the Democrats keep saying that the rich aren’t paying their fair share, how does one explain:
1. People making $200,000+ per year represent a mere 7% of the population, yet they pay a whopping 62% of all federal income receipts.
2. The richest 1% of all taxpayers earned above $388,806 paid 39.9% of all federal income receipts.
Tell me: how is it that the top 7% pay 62% of all federal income receipts and yet they’re both evil AND not paying their share?
Also – I’d like to know how anyone here would like it if their taxes were raised by 4% just because someone in the government felt they made enough money, and could easily afford another 4% in taxes? We’re screaming about our tax increases in CA, yet they’re tiny compared to what we’re talking about here.
This all reminds me of a story about the Nazis in WWII. IT goes like this: when they came for the Polish I did nothing because I wasn’t Polish. When they came for the lame I did nothing because I wasn’t lame. When they came for the Jews I did nothing because I wasn’t Jewish. When they came for me there was no one to defend me. No one here is in the effected tax brackets, and therefore think nothing about the government reaching into their pockets to shake them down for even more cash. Sadly, when these same people have their taxes raised by the same amount they will scream bloody murder.
It’s a sad day for out country when everyone is crying about how evil and bad rich people are, and how they deserve to have their money taken away since they can afford it. I for one aspire to hit the highest tax bracket I can through various investments I plan to make. The idea of paying additional funds just because someone else thinks I can afford it is an affront!