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Who is Obama
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<blockquote data-quote="tieguy" data-source="post: 396732" data-attributes="member: 1912"><p><span style="color: blue">another source on the subject which has 10 percent paying 70 percent of all taxes:</span></p><p> </p><p><a href="http://www.heritage.org/research/features/BudgetChartBook/fed-rev-spend-2008-boc-T4-The-Top-10-Percent-of-Income.html" target="_blank">http://www.heritage.org/research/features/BudgetChartBook/fed-rev-spend-2008-boc-T4-The-Top-10-Percent-of-Income.html</a></p><p> </p><p><strong>The Top 10 Percent of Income Earners Paid 70 Percent of Federal Income Tax</strong></p><p> </p><p>The U.S. tax system is highly progressive. The top 1 percent of income earners, by household, paid 39 percent of all federal income taxes in 2005, whereas the bottom 50 percent paid a little over 3 percent. Further, 32 percent of all tax returns filed in 2005 were from people who paid no federal income tax at all.</p><p> </p><p><span style="color: blue">So your argument that the rich are not paying taxes is not supported by either source. </span></p><p><span style="color: #0000ff">And if you look at the graphs the top fifty percent of all wage earners pay close to 97 percent of all taxes. </span></p><p> </p><p><span style="color: #0000ff">So when Obama speaks of raising taxes guess who is going to pay. It ain't the bottom fifty its us. </span></p></blockquote><p></p>
[QUOTE="tieguy, post: 396732, member: 1912"] [COLOR=blue]another source on the subject which has 10 percent paying 70 percent of all taxes:[/COLOR] [URL]http://www.heritage.org/research/features/BudgetChartBook/fed-rev-spend-2008-boc-T4-The-Top-10-Percent-of-Income.html[/URL] [B]The Top 10 Percent of Income Earners Paid 70 Percent of Federal Income Tax[/B] The U.S. tax system is highly progressive. The top 1 percent of income earners, by household, paid 39 percent of all federal income taxes in 2005, whereas the bottom 50 percent paid a little over 3 percent. Further, 32 percent of all tax returns filed in 2005 were from people who paid no federal income tax at all. [COLOR=blue]So your argument that the rich are not paying taxes is not supported by either source. [/COLOR] [COLOR=#0000ff]And if you look at the graphs the top fifty percent of all wage earners pay close to 97 percent of all taxes. [/COLOR] [COLOR=#0000ff][/COLOR] [COLOR=#0000ff]So when Obama speaks of raising taxes guess who is going to pay. It ain't the bottom fifty its us. [/COLOR] [/QUOTE]
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