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Old 08-05-2007, 11:25 AM
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Roscoe Roscoe is offline
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Join Date: Mar 2000
Location: Fairfield, NJ, USA, NJ
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Hate to tell you Wes, but you are wrong.....very wrong.

Top 5% pay 53.25% of all income taxes (Down from 2000 figure: 56.47%).

The top 10% pay 64.89% (Down from 2000 figure: 67.33%).

The top 25% pay 82.9% (Down from 2000 figure: 84.01%).

The top 50% pay 96.03% (Down from 2000 figure: 96.09%).

The bottom 50%? They pay a paltry 3.97% of all income taxes.

The top 1% is paying more than ten times the federal income taxes than the bottom 50%! And who earns what? The top 1% earns 17.53 (2000: 20.81%) of all income. The top 5% earns 31.99 (2000: 35.30%). The top 10% earns 43.11% (2000: 46.01%); the top 25% earns 65.23% (2000: 67.15%), and the top 50% earns 86.19% (2000: 87.01%) of all the income. (source: IRS)

I don't know how you describe the productive working class?? Remember, not much wealth is inherited. Not everyone is a Ted Kennedy. It is created by hard working productive people who gamble and take unbelievable risks. They work long hours and hire alot of people.

Class warfare does not fly....it only creates envious people who never really make anything of themselves. Those same envious people would love to have the wealth created by the hard working productive person but they are too lazy or don't have the confidence or know how to do it. Most wind up with the protection and security of a union job. That's the best they can do.
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