I’m not sure you understood my point on the statistics.
Many declare that “the top 1% pays 39% of our Federal Taxes.” But what if we found that “the top 1% makes 50% of all income.” Would it still be a lefty argument to suggest that there is an inequity there or to acknowledge that the statement is misleading when presented alone?
Or, conversely, what if the remaining 75% of American wage earners are paying 14% of taxes while making up only 10% of income?
Without knowing the total income numbers, declaring that “the top 1% pays 39%” is unfair is based on nothing more than emotion (or propaganda). It is trying to evoke the same type of emotion as the “spread the wealth around” crowd talking about “economic justice.” Neither of these camps seem to present the real numbers as C.O. suggested.
I believe there is merit to this line of reasoning. I’m sorry I didn’t understand where you were coming from, and if you (Carry_Okie) were coming at this more along these lines and I missed it, it wasn’t intentional.
I honestly didn’t see this argument in the statements both of you made, although it may have been right there. I thought you were focused on the idea that the social program taxes were unfair.
As strange as it may seem, I don’t remember seeing someone address the issue in the manner you have here CalCowGirl.
The 39% of taxes vs 50% of earnings and 10% of income vs 14% of taxes is not a statistic I have seen before. Is that truly the ratio? If so it would seem very strange for one of the two parties to take a pass on hawking the issue in terms like this.
It has been my understanding and intent, that the top scale paid somewhat of a disproportionate portion of the taxes. If that is not true, then I wouldn’t have a problem taking a look at it and considering some changes.
I will admit that I really do shy away from the greed arguments. I don’t consider well to do people to be greedy. Many of them gift massive amounts of money to various causes.
I also have reservations when it comes to corporations. What hurts corporations impacts stockholders, employees, production, and ultimately the purchasing public.