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

To: J_F_Shepard who wrote (586288)9/18/2010 9:46:35 PM
From: average joe2 Recommendations  Read Replies (3) | Respond to of 1576154
 
If you took all of the income and confiscated all the possessions of the nation's top 5% income earners it would not pay the interest on the national debt for 5 hours.

An innovative approach would be a new income tax system where everyone paid an equal share of income and sales tax with no deductions allowed for anything.



To: J_F_Shepard who wrote (586288)9/18/2010 10:43:14 PM
From: Jim McMannis  Read Replies (1) | Respond to of 1576154
 
How much of taxes are paid by the top 5%?



To: J_F_Shepard who wrote (586288)9/19/2010 8:33:12 AM
From: Brumar89  Respond to of 1576154
 
A smaller percent than the percent of taxes they pay.


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