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by Anonymous on November 5th, 2007

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Who pays taxes in america

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  • by Jim on November 10th, 2008

    Jim

    Income Group ---- Tax Share
    Top 1 percent ---- 33.7 percent
    Top 5 percent ---- 53.8 percent
    Top 10 percent ---- 65.7 percent
    Top 25 percent ---- 83.9 percent
    Top 50 percent ---- 96.5 percent
    These are from a Canadian article, the numbers come from the US Government. I have a son and a daughter that support Obama and they only paid in Social security last year. They like many Americans paid no income tax, although they think they do. The bush tax cut made the rich pay a larger share of the total even though the rate was reduced. Because their income rose. Lower 50% pays 3.5%. People don't want to get confused with the facts after their mind is made up. The tax burden was misrepresented by Kerry. It wasn't true when he said it and it's not true when Obama says it. Notice how Obama won't give a straight answer about the taxes of the rich now. They will put their money where he can't touch it and the stock market and job creation will get worse then ever. The rich do pay taxes and if you were rich you would know it.

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