- Mar 27, 2012
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CBO: Top 40% of U.S. Households Paid 106.2% of Income Taxes, Bottom 40% Paid -9.1%
Or as the left calls it, wealth redistribution.
Via CNS News:
http://www.cbo.gov/sites/default/files/cbofiles/attachments/44604-AverageTaxRates.pdf
Edge:
Something you need to understand about the left in this Country..... There's never enough. You never pay enough. Paying five times your fair share? Not enough.
Giving them (leftists) a completely free ride? Not enough.
You may ask, "When will they ever be happy?" And the answer is -- "Never"
The left will NEVER be happy until you give 100%....... And then some.
It's what they want. They want total control. Not just a little bit, not just their 'fair share'
They want total control. No matter what you do, no matter how much you give......
It will never be enough.
Or as the left calls it, wealth redistribution.
Via CNS News:
The top 40 percent of households by before-tax income actually paid 106.2 percent of the nations net income taxes in 2010, according to a new study by the Congressional Budget Office.
At the same time, households in the bottom 40 percent took in an average of $18,950 in what the CBO called government transfers in 2010.
Taxpayers in the top 40 percent of households were able to pay more than 100 percent of net federal income taxes in 2010 because Americans in the bottom 40 percent actually paid negative income taxes, according to the CBO study entitled, The Distribution of Household Income and Federal Taxes, 2010.
When refundable tax credits, such as the earned income tax credit and the child tax credit, exceed the other federal tax liabilities of the households in an income group, those households are said to have a negative average tax rate, said the CBO study.
http://www.cbo.gov/sites/default/files/cbofiles/attachments/44604-AverageTaxRates.pdf
Edge:
Something you need to understand about the left in this Country..... There's never enough. You never pay enough. Paying five times your fair share? Not enough.
Giving them (leftists) a completely free ride? Not enough.
You may ask, "When will they ever be happy?" And the answer is -- "Never"
The left will NEVER be happy until you give 100%....... And then some.
It's what they want. They want total control. Not just a little bit, not just their 'fair share'
They want total control. No matter what you do, no matter how much you give......
It will never be enough.