Thread: Yes, we can.
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Old 02-15-2008, 05:54 PM   #5
Kevy Baby
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Quote:
Originally Posted by Ghoulish Delight View Post
So as I see it, with the top one percent controling 38% of the wealth but only paying 34% of the taxes (71%/66% for the top 10), the wealthiest are carrying a smaller tax burden by proportion than the tax brackets below them. They may account for a larger gross portion of the intake, however they are individually paying a smaller portion of their wealth than an individual in middle to lower class.
According to the numbers, the top 38% only paid 34%
  1. The difference is not statistically relevant
  2. The numbers are from two different years
  3. The comparison is irrelevant because it compares wealth to income tax. We are taxed on our income, not our wealth.
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