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Merika · 10-26-2004, 03:04 PM

That's 'haut' and it's in the posts somewhere around here!

There are a few American's on this forum....but many are from various countries and probably have no opinion on this matter.

I have one though. The whole 'less tax for the rich' is ludicrous and a misrepresentation of the facts. Anyone with an income over $200,000, may fall within an 'entrepreneurship' status (meaning they own their own company) and provide many jobs.

They SHOULD get tax breaks in order to also be able to afford group health coverage, retirement and other perks which large companies can afford for their employees.

The nonpartisan Tax Policy Center show that even after Bush's tax cuts, the most affluent 20 percent of taxpayers still pay 63 percent of all US taxes, including income, payroll and excise taxes. Those in the middle 20 percent pay 10.5 percent, a much smaller share. So, strictly speaking, the highest -income taxpayers still pay by far the larger share of taxes than the other 80 percent.

10-26-2004, 03:04 PM	#4 (permalink)
Merika Retired Join Date: Sep 2004 Location: Florida, USA Posts: 13,268	That's 'haut' and it's in the posts somewhere around here! There are a few American's on this forum....but many are from various countries and probably have no opinion on this matter. I have one though. The whole 'less tax for the rich' is ludicrous and a misrepresentation of the facts. Anyone with an income over $200,000, may fall within an 'entrepreneurship' status (meaning they own their own company) and provide many jobs. They SHOULD get tax breaks in order to also be able to afford group health coverage, retirement and other perks which large companies can afford for their employees. The nonpartisan Tax Policy Center show that even after Bush's tax cuts, the most affluent 20 percent of taxpayers still pay 63 percent of all US taxes, including income, payroll and excise taxes. Those in the middle 20 percent pay 10.5 percent, a much smaller share. So, strictly speaking, the highest -income taxpayers still pay by far the larger share of taxes than the other 80 percent.