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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Katelew who wrote (410701)	2/14/2011 5:43:05 PM
From: Murrey Walker	1 Recommendation Read Replies (3) \| Respond to of 793572

Kate, while I'm not rich :-), I really believe most of our population that's considered well off, would be amiable to the flat tax proposition. Why do you think the rich would be against it?

To: Katelew who wrote (410701)	2/14/2011 10:17:14 PM
From: longnshort	1 Recommendation Read Replies (2) \| Respond to of 793572

# The top 1 percent: Americans who earned an adjusted gross income of $410,096 or more accounted for 22.8 percent of all wages. But they paid 40.4 percent of total reported income taxes, an increase from 39.9 percent in 2006, according to the IRS. # The top 5 percent: Americans who earned $160,041 or more accounted for 37.4 percent of all wages in 2007. But they paid 60.6 percent of the country's total reported income taxes, up from 60.1 percent a year earlier. # The top 10 percent: Americans who earned at least $113,018 paid 71.2 percent of the nation's income taxes, up from 70.8 percent a year earlier. # The top 25 percent: Americans who earned at least $66,532 paid 86.6 percent of the nation's income taxes, up from 86.3 percent a year earlier. # The top 50 percent: Americans who earned at least $32,879 paid 97.1 percent of the nation's income taxes, up from 97 percent a year earlier.