Reply #6: That data sounds as skewed as the "the top 2% of income pays 30% of all the taxes" ... LOL! [View All]

[MacNfries]

Keep it simple here ... you have a small country, population of 3, with a flat tax of 10% ...

The poor man, making $30,000 a year pays $ 3,000 in taxes
The middle class man, making $80,000 pays $ 8,000 in taxes
The rich man, earning $1 million pays in $100,000 in taxes

The rich man is not going to call attention to the fact that he earns 90% of all income, instead, he bellows, whines, cries and fusses because he is paying 90% of all the taxes while both his 2 colleagues pay less than 10%.

Then he writes and inserts a tax code with X number of exclusions, exemptions, etc etc ... and suddenly you have the rich man paying less taxes than the middle class man, and still whining that he's being picked on because he's more successful than his other 2 colleagues. As the budget gets out of whack, deficits arise, the rich man's suggestion is that if you give HIM more money, he can create higher paying jobs for his 2 colleagues ... yup, right!

Let's go back and look at that employment figure again .. . LOL!