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Old 07-21-2008, 02:54 PM   #14 (permalink)
Pilgrim
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Re: Better read this and think about it..

Here's some more food for thought directed at the "soak the rich" crowd, based on 2006 figures from the IRS:

The top 1% of income earners (over $388,808) paid 40% of all US income taxes.

The top 10% of income earners paid 71% of all US income taxes.

The top 50% of income earners paid 97% of all US income taxes.

THAT MEANS THE BOTTOM 50% OF ALL INCOME EARNERS PAID 3% OF ALL INCOME TAXES COLLECTED IN THE US IN 2006. According the the US Census Bureau the median household income in 2006 was $48,201.

Maybe our congress should start thinking about spending less of our money than to continue dreaming up ways to take it from us.
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