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Politics : PRESIDENT GEORGE W. BUSH
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To: Logain Ablar who wrote (171649)8/15/2001 4:05:04 PM
From: ThirdEye  Read Replies (1) of 769670
 
Fact the top 5% income earners pay over 80% of the income tax.

Duh. That's because they have 80% of the wealth.

Fact the federal tax burden is now over 24% of GDP.

A larger percentage of corporations with over $50 mill/yr in sales pay no income tax at all. Estimated $75 Bill/yr in lost tax revenue (from the "rich")due to overseas tax sheltered accounts.
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