... says the partisan hack who was given multiple chances to suggest real alternative solutions, but failed every single one of them.
What do you want a tutorial? An average mid class american worker making ~85K yearly gets hit with federal income tax, 7+% SS, 2+% of Medicare, state income taxes, real estate taxes, and sales consumption taxes, car taxes in many states, etc...When all is told, he's probably in the 40%+ tax braket. Warren Buffet, your favorite target, is probably not paying close to 40% of his income, and that's because most of his earnings come from investments and his other taxes are dwarfed by his wealth.
When we started this exchange, I said that we should raise back the effective rate for the rich so their taxes are more progressive. I am not advocating giving money back to those who don't pay taxes at all. I am suggesting that the total tax burden is proportionally higher on the middle class and the poor. I am not a tax engineer, but I can imagine ways that lead to higher taxes for the rich. One of them is to roll back portions of bush's tax cut of 2001 and 2003.
What do you want a white paper?
Al |
