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

To: Tenchusatsu who wrote (719439)

6/5/2013 7:42:48 AM

From: Alighieri

Read Replies (2) | Respond to of 1580282

Try higher state taxes, a cap on deductions, the expiration of the FICA break, etc.

In your state where you were running a large deficit.

Dude, are you still arguing the point that taxes are lower than they have been in a LOOONG time? Man you are

There's a reason why half of all Americans pay next to nothing in federal income taxes, because it's the sharpest progressive tax in the nation.

First it's not true that they pay nothing...the upper 20% they pay payroll taxes on 100% of their income, they save nothing so they pay sales taxes on everything they make that is taxable, and then they pay "nothing" because they don't make much...lastly, I think you meant to say that fed taxes have the sharpest progressiveness in the world, not the nation...if you think so, consider the following.

Table 7: Distribution of income in the United States, 1982-2009

Income

Top 1 percent	Next 19 percent	Bottom 80 percent
1982	12.8%	39.1%	48.1%
1988	16.6%	38.9%	44.5%
1991	15.7%	40.7%	43.7%
1994	14.4%	40.8%	44.9%
1997	16.6%	39.6%	43.8%
2000	20.0%	38.7%	41.4%
2003	17.0%	40.8%	42.2%
2006	21.3%	40.1%	38.6%
2009	17.2%	41.9%	40.9%

and the following.... The chart clearly shows that the US taxation system is BARELY PROGRESSIVE.