" wrote:

On Saturday, November 2, 2013 1:10:49 PM UTC-4, jim wrote:




Income tax only covers 1/3 of federal expenditures.

That means the rich get 25% of income and their

income tax payments cover about 13% of federal expenditures.



They are paying closer to half their share.

Wrong. The rich pay about 40% of the Federal income tax . The income tax only cover 1/3 of the federal expenditures. Which means that the rich cover about 13%

That is exactly what I wrote. So how is that wrong?