The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: ChanceIs who wrote (180462)	1/29/2009 12:02:19 PM
From: MulhollandDrive	Read Replies (2) of 306849

Old people tend to have lots of assets. Perhaps not so much since the market crashed. depends on how long they live check this out, startling numbers on what it really means to spread the wealth around, click on the link for the chart: andrewdubinsky.com Who pays for the Stimulus? January 29, 2009 · 25 Comments I wanted to know who will PAY for the stimulus. I have heard numbers tossed out such as $6,700 per household, but not all households pay the same taxes. Most households pay nothing at all. So, I took the breakdown of who pays federal taxes by percentage of income and then looked at how many people that represents. The top 1% of taxpayers pay 39% of all federal income taxes. It stands to reason that those same earners will be required to pay the same or similar percentage of the stimulus. How much is that going to be? Bottom line: if you are in the top 1%, you can expect to pay almost $240,000 dollars of the stimulus.

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