The Commerce Journal,Business and Local Businesses
*The Commerce Journal>>>Other Taxes

What percent of U.S. taxes are paid by the rich, and how much is paid by the middle class?


Jim D.:---I have great respect for your opinion. You always give sensible answers.
However, being one of those nasty conservatives, I must ask that we agree to disagree.
We seem to have had very different experiences in life, and we have developed different political views.
I have mixed feelings on matters like abortion and stem cell research, but I'm sure there are many political questions on which we will agree.

Depends on just how you define rich, and middle class. But the top 5% in income pay a little over half of the total federal tax collected, the top 10% pay about 2/3 of the total, and the top 50% pay about 96% of the total.

With a Republican "government" in office everybody knows that the middle class (something that, before the Bush "Administration" we, in the US, used to have), must pay the taxes for the rich.

Not only do the new peasants (those of us who used to be middle class)pay the taxes for the rich, we must pay a penalty to the rich for the privilege of the honor of paying their portion of the total tax.

Either this or I must be really, really disappointed in the tragedy that is the modern Republican Party.

Why we, as a people, couldn鈥檛 listen to George Washington is indicative of just how long we will keep what used to be known as 鈥淎MERICA鈥?!

Ask more 'God' questions.
I like how you go back in and tell everybody off one by one.
I don't mean that in a negative way.. I think it's a cool challenge.

Cheers !!

I am already blowing bubbles of spit and stuff. Your welcome.

Tags
  Boston   Austin   Atlanta   Other - Business & Finance   Other Taxes   United States Taxes   United Kingdom Taxes   Spain Taxes   Singapore Taxes   Mexico Taxes   Ireland Taxes
Related information
  • Paying taxes sucks......how can I not pay them?

    Go to Mexico, change your name, buy a fake ID card, pay someone $20K (it is expensive if you are not a Mexican citizen) to bring you to the US. Work for some body that takes out SS and Medicare (w...

  • Are paid employees legally entilted to an annual pay rise?

    Not unless it states so in your contract of employment

    ...
  • What will be the disadvantages of zero unemployment? .?

    Difficulty finding persons to hire. Shortages of goods caused by businesses not being able to hire enough employees. Employees demanding exorbitant raises. High prices. Inflation.

    ...
  • Without going into too much detail here is my problem- in 2002 wages were paid when they shouldn't have been

    I would assume if you are paying it back in 2007 they should reduce your wages for 2007 by that amount. This will in turn reduce your taxes. Good Luck!

    ...
  • How many cost to send a Sony Handycam by a courier from NY to Lima, Peru??

    i recommend you send them money better, so that they can buy it over there. Smaller private couriers here in LA charge $5-$10 per pound, depending on the time of year. Usually its not worth it b...

  • Question about who is eligible for 1099?

    1099's can be given to individuals and companies, and it is usually when a contract agreement exists and not as an employee. Like when a painter contracts to paint your house or office, or whe...

  • What is Pennsylvania sales tax?

    6% for state. Allegheny county and Philadelphia have an additional 1%.

    ...
  • Deadweight loss?

    Dead weight loss is derived from all the people and businesses that don't pay taxes for some reason or another. General efficiency loss is similar but relates to the cost of administering the ...

  •  

    Commerce Categories--Copyright/IP Policy--Contact Webmaster