SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Rascal who wrote (62266)12/18/2002 3:11:53 PM
From: Ilaine  Read Replies (1) | Respond to of 281500
 
What we should actually do is put men who are aged 50 and older into the infantry, and put eighteen-year-olds in charge of the Pentagon.

Yeah.

Somebody tell Barbara Boxer.



To: Rascal who wrote (62266)12/18/2002 3:28:24 PM
From: stockman_scott  Read Replies (1) | Respond to of 281500
 
<<...historyrepeatsitself.com...>>

Yuppers...and virtually EVERY President that has lead this country into a major war has not been able to get re-elected. I wonder what Bush and Karl Rove think of that...?

-s2@commonsenseisrarelycommonpracticeinWashington.com



To: Rascal who wrote (62266)12/18/2002 4:17:47 PM
From: KLP  Respond to of 281500
 
Two things to remember: 1) Ours is a volunteer military, and 2)re: taxes... (your point was what????)

From National Center Policy Analysis:

ncpa.org

Highest Income Earners Pay Most Taxes New Internal Revenue Service (IRS) data obtained by the Joint Economic Committee (JEC) show that the top one percent of tax filers by income paid a larger share of federal personal income tax revenues in 1998 than the previous year.

"The data publicly released by the JEC today reflect the steeply progressive impact of the federal income tax," said Vice Chairman Jim Saxton. The data show the distribution of the tax burden by income group, or, in other words, the share of total federal personal income taxes paid by each income group:

The top one percent paid 34.75 percent of federal personal income taxes in 1998, the latest year for which data are available, compared to the 33.17 percent share they paid in 1997 and the 33 percent share they paid in 1993.

To rank in the top 1 percent, you had to report adjusted gross income (AGI) of $269,496 or more for 1998.

The top 5 percent of taxpayers paid about 54 percent of total personal-income taxes and had AGI of at least $114,729.
The top 10 percent of taxpayers by income had AGI of $83,220 or more. The top 50 percent of taxpayers had AGI of at least $25,491. The 4.21 percent share paid by the bottom half of taxpayers was virtually unchanged during this period.

Source: Tom Herman, "Upper-Income Taxpayers," Tax Report, Wall Street Journal, October 18, 2000; Press Release, "New IRS Data On Income Tax Shares Now Available," October 16, 2000, Joint Economic Committee.

For WSJ text wsj.com
/SB954881498554989467.htm

For IRS data house.gov

For more on Tax Burden by Income Group ncpa.org