Thread: Investing 102
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Old 12-20-2013, 05:25 PM
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GregWeld GregWeld is offline
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Quote:
Originally Posted by WSSix View Post
but I thought the rich don't pay any taxes



That right there is the biggest crock of crap the Democrats try to sell you every election cycle.


ANYONE can go to the IRS website or similar and see that the RICH pay a huge percentage of all the income taxes collected by the shizzle bags in Washington DC.

According to new IRS data, the 1.35 million taxpayers that represent the highest-earning one percent of the Americans who filed federal income tax returns in 2010 earned 18.9% of the total gross income and paid 37.4% of all federal income taxes paid in that year. In contrast, the 128.3 million taxpayers in the bottom 95% of all U.S. taxpayers in 2010 earned 66.2% of gross income and that group paid 40.9% of all taxes paid. In other words, the top 1 percent (1.35 million) of American taxpayers paid almost as much federal income tax in 2010 ($354.8 billion) as the entire bottom 95% of American tax filers ($388.4 billion)
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