[extropy-chat] Tax Burden Gap
John K Clark
jonkc at att.net
Wed Aug 18 16:32:56 UTC 2004
The top 1% of the nation's taxpayers pay over 23% of the entire federal
income tax burden; that's half again as much as the bottom 2/3, even though
they are 67 times as numerous they pay less than 16% of the money needed to
operate the government. Thus if you are going to lower taxes in a
economically significant way it must effect people who actually pay taxes,
and that means it will effect the very rich more than the very poor.
Otherwise it's not economics, it's just a publicity stunt.
John K Clark jonkc at att.net
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