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Old 06-20-2010, 05:48 PM   #26
JoeRedskin
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Join Date: Mar 2004
Location: Second Star On The Right
Age: 62
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Re: Why the rich should pay more in taxes

Quote:
Originally Posted by tryfuhl View Post
If you're talking total then sure.. the top 1pct probably earn more than most of the other 95
The top 1% in income account for slightly over 40% of all income taxed.

The top .1% account for 20% of income taxed. The adjusted gross income cut off for that .1% is 2.1 Million (if you make more than 2.1 you are in the top .1%)

The adjusted gross income cut off for the top 1% is ~410K.

So yes. The rich make a lot of money. They also pay (as the tables from my previous post show) more taxes than the rest of the "Average Joe's" combined.

Hate the rich, envy them, whatever. If you think the methodology of the statistics is incorredct and can actually dispute the facts, fine.

But opinions without factual basis are simply prejudices.
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