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To: DoughtyOne

Your own chart shows that since 1980 taxes paid by the top one-percent have doubled.

Yet since that time their income has nearly quintupled: https://motherjones.com/files/averagehouseholdincome.jpg

And, yes, the government can raise taxes on the top one-percent without reducing cash in the private sector, by the simple expedient of lowering taxes on the rest of us.


25 posted on 02/27/2012 1:03:20 PM PST by Age of Reason
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To: Age of Reason

“quintupled” should be “quadrupled”


26 posted on 02/27/2012 1:06:32 PM PST by Age of Reason
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To: Age of Reason

Hilarious. Thanks for arguing the Ted Kennedy, John Kerry, and Barack Obama line of reasoning. I needed a good laugh.


27 posted on 02/27/2012 1:27:53 PM PST by DoughtyOne (Abortion? No. Gov't heath care? No. Gore on warming? No. McCain on immigration? No.)
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To: Age of Reason
And, yes, the government can raise taxes on the top one-percent without reducing cash in the private sector, by the simple expedient of lowering taxes on the rest of us.

In recent years, the number of U. S. Citizens who pay income taxes has declined to the point that a nearly identical number of people are still paying taxes, as get goods, services, and payments directly from the government without paying in.  In 2009, this figure of people who didn't pay in, was pegged at 49.5%.  LINK

Evidently you see this as healthy.  What percentage of the U. S. populace would you want to see getting goods, services, and payments directly from the government without paying into the system?

Sixty percent?  Eighty percent?  Ninety percent?  Ninety-eight percent?

Isn't it vested citizens who are most likely to try to drive sound fiscal policy?  You're logic would result in almost no positive input from 90% of the public, if you got your way.


28 posted on 02/27/2012 2:56:42 PM PST by DoughtyOne (Abortion? No. Gov't heath care? No. Gore on warming? No. McCain on immigration? No.)
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