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Bob F Bob F is offline
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Default How Real Americans Can Compete with "Hard Workin" Day Labor


"krw" wrote in message
: If you consider $6/hour a job.

: Is that why income tax receipts are at an all time high, even after
: the reduction in the capital gains tax?

Good question... I went looking to see what they said... it appears that

fewer
people are paying more than ever before... they don't explain why...


Perhaps because the tax system is progressive like never before
(10% of the people pay over half the taxes)?


And that 10% has over 95% of the money.

Thom Hartman had a good discussion of this today on his
"Air America Radio" network radio show. This guy really
give a good historical perspective of this kind of thing.

For October, personal income taxes paid 86% of the federal
taxes received. Corporations paid 9%. Back in the hayday of the
middle class, it was closer to 50-50.

Bob