Yes, I am referring to the Income tax. The federal government funds exactly nothing from a sales tax nor do they collect one.
What percentage of the population do you think are net payers of income tax Nik?
So federal taxes are the only taxes that count now? Interesting theory that.
The Tax Foundation - Number of Americans Outside the Income Tax System Continues to Grow
That link says 32.4%. Oh, by the way, funny you leave out Payroll taxes which are generally around 15%. Why would that be?
The link says the number is 38%. The trend is up. My understanding is the current number is 41%, I'll try to find support for that number. Fact Check
Ah, well, much different than 50%.
I was actually rounding. My understanding is that the number is in the 40s and climbing.
Rounding to, what? The nearest 25% ? The neareest 50%?
I see no support for thinking that Obama will increase the tax burden on the "poorest" Americans. In fact, he is promising to give a tax cut to those people. If we've already passed Obama's tax cut, then we would be in the 40s.
Do you know WHY that number is climbing Tech?
Payroll taxes are only 15% if you are paying both the employer and employee portions of taxes. Further, payroll taxes are social security and medicare, you have to pay it to get it on the other end. What are you suggesting? That it be a give away program?
For the very poor? Yes. I do suggest that. Besides that, are you implying that social security and medicare only go to social security and medicare? Or that the government never takes that money to use for other things?