You are confused.
The top 1% of income earners pays 50% of that filthy ass income tax. The top 20% pays 80%.
50% of the deadbeats in this country pay no income tax at all.
Property tax and sales taxes are mostly borne by those higher earners. All wealthy earners max out the stupid payroll tax while most Americans never pay the max. The corporate tax and most excise taxes are borne by higher earners. With the exemptions on basics like like food for the poor the higher wage earners pays the greater share on most sale taxes. The Death Tax is paid exclusively by higher earners.
The problem is this out of control country is that the cost of government is simply too high for everybody, rich and poor alike. In most families the stupid cost of government is th highest household expense, regardless of income. The combined cost of federal, state and local government is about 40% of the GNP and is a tremendous burden on all Americans. No wonder our poverty rate is increasing, the debt is skyrocketing, family income is decreasing and the gap between the rich and poor is growing because our wealth is being depleted. Our wealth is being wasted on stupid government programs that have the effect of strangling the economy.
Bottom HALF of US make 11% of ALL income in the US, average less than $15,000 PER FAMILY, a loss of almost $5,000 PER FAMILY if they kept the same share as they had pre Reaganomics
"Death taxes" are paid by those with $5.4+ million estates (EACH HUBBY/WIFE
)
EVERYTHING ELSE YOU POSIT IS RIGHT WING ECHO CHAMBER BULLSHIT
And, luckily, the tax analysis group
Citizens for Tax Justice keeps those numbers.
So here is total taxes -- which includes corporate taxes, income taxes, payroll taxes, state sales taxes, and more -- paid by different income groups and broken into federal and state and local burdens:
As you can see, the poorer you are, the more state and local taxes bite into your income. As you get richer, those taxes recede, and you're mainly getting hit be federal taxes.
So that's another lesson: When you omit state and local taxes from your analysis, you're omitting the taxes that hit lower-income taxpayers hardest.
But here is really the only tax graph you need: It's total tax burden by income group. And as you'll see, every income group is paying something,
and the rich aren't paying much more, as a percentage of their incomes, then the middle class.
That's really what the American tax system looks like: Not 47 percent paying nothing, but everybody paying something, and most Americans paying between 25 percent and 30 percent of their income -- which is, by the way, a lot more the 13.9 percent Mitt Romney paid in 2011*.
The one tax graph you really need to know
May 5, 2011
U.S. tax burden at lowest level since '58
The total tax burden — for all federal, state and local taxes — dropped to 23.6% of income
U.S. tax burden at lowest level since '58 - USATODAY.com
How Low Are U.S. Taxes Compared to Other Countries?