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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (153227)	10/13/2002 1:19:50 AM
From: Dan3	Read Replies (2) \| Respond to of 1585090

Re: You also don't seem to comprehend that those in the highest tax brackets are creamed by the phaseout of itemized deductions and personal exemptions. Yet, somehow, their share of the "pie" keeps going up at the same time their crooked and incompetent work is ruining the economy and sapping our nation's strength. And many of those who are paying zero or minimal income taxes in are actually receiving substantial welfare payments in the form of the Earned Income Tax Credit. When those transfer payments are excluded from the income statistics, the bottom 20% of the population receives 0.9% of national income (rather than just under 4%).