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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (145144)	4/16/2002 5:25:48 PM
From: TimF	Read Replies (1) of 1573686

Even if that 5% have 50% of the wealth? They don't. "The top 1 percent of taxpayers pay about one-third of all income taxes. The top 5 percent pay more than half. The top 10 percent pay nearly two-thirds. The top 25 percent pay more than $4 of every $5. " cato.org "According to the latest preliminary data from the Internal Revenue Service, 1 percent of all taxpayers paid more than one-third of the total federal income taxes collected during 1997 (the latest year available). " "At the other end of the spectrum, the bottom half of the nation's taxpayers earned 13.8 percent of all income in 1997, but--again, due to the nature of the tax system, which imposes a proportionately larger burden as one's income increases, but a smaller share of the burden at lower levels--this group paid only 4.3 percent of personal federal income taxes paid. " heartland.org That year, the top-earning 1 percent of U.S. taxpayers--those with an income over $250,736--earned 17.4 percent of the income earned for that year. Thanks to the nature of the federal income tax, this group of roughly 1.2 million taxpayers paid not 17.4 percent, but 33.2 percent of the total federal income taxes collected. jsonline.com townhall.com BTW what was brought to an end was not communism but a right wing dictatorship playing under the guise of communism. Your definition of "right wing" seems to be anything that is bad. Netanyahu is the one more articulate, more charismatic, the one more prime ministerial etc. Because of some disatisfaction from last time he was PM. But I think many Israeli voters have gotten over that. I understand the polls support the idea that if an election where held now Netanyahu would probably become PM. Tim

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