healthmyths
Platinum Member
- Sep 19, 2011
- 29,326
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The same ignorant complaint the truly communist supporters say is what :
Bloomberg Says He Should Pay More Taxes
Bloomberg - Are you a robot?
Do the truly wealthy haters KNOW what the "wealthy" pay already in taxes??
Looking at just federal income tax, the chart shows a system tilted dramatically in favor of the least wealthy. Those in the lowest income quintile, earning up to $23,000 for a single person, actually get money back from the federal government; while middle-class earners in the fourth quintile, with income of $58,000 to $89,000 for singles, pay a rate of 6.7%; and the rich, the top 1% of earners taking home $387,000 or more, pay 23.7%.
How Much Do the Rich Really Pay in Taxes? This Simple Chart Will Tell You
So Warren et.al. want a "wealthy" tax. These people are truly stupid.
Do they think those "wealthy" hide their income under the mattress or in the back yard?
But to pay more in TAXES these wealthy will have to liquidate some of their assets.
Who will be buying them? What will their worth be if they are being sold?
So please tell me... what % of these "evil" wealthy people be charged???
Bloomberg Says He Should Pay More Taxes
Bloomberg - Are you a robot?
Do the truly wealthy haters KNOW what the "wealthy" pay already in taxes??
Looking at just federal income tax, the chart shows a system tilted dramatically in favor of the least wealthy. Those in the lowest income quintile, earning up to $23,000 for a single person, actually get money back from the federal government; while middle-class earners in the fourth quintile, with income of $58,000 to $89,000 for singles, pay a rate of 6.7%; and the rich, the top 1% of earners taking home $387,000 or more, pay 23.7%.
How Much Do the Rich Really Pay in Taxes? This Simple Chart Will Tell You
- In 2016, 140.9 million taxpayers reported earning $10.2 trillion in adjusted gross income and paid $1.4 trillion in individual income taxes.
- The share of reported income earned by the top 1 percent of taxpayers fell slightly to 19.7 percent in 2016. Their share of federal individual income taxes fell slightly, to 37.3 percent.
- In 2016, the top 50 percent of all taxpayers paid 97 percent of all individual income taxes, while the bottom 50 percent paid the remaining 3 percent.
- The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent).
- The top 1 percent of taxpayers paid a 26.9 percent individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.7 percent).
So Warren et.al. want a "wealthy" tax. These people are truly stupid.
Do they think those "wealthy" hide their income under the mattress or in the back yard?
But to pay more in TAXES these wealthy will have to liquidate some of their assets.
Who will be buying them? What will their worth be if they are being sold?
So please tell me... what % of these "evil" wealthy people be charged???