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(The Year 2012 In Review)
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|User Info||PFG Founder Arrested: Now How About The NFA and CFTC?; entered at 2012-07-14 07:52:29|
Registered: 2012-05-08 Wisconsin
Karl when you have time could you possibly clear this up? On Twitter yesterday people were tweeting that the wealthy pay 94% of the taxes I recalled a couple years ago that actually the middle class pay the majority of the taxes. Which claim is true?|
James Pethokoukis ‏@JimPethokoukis https://twitter.com/JimPethokoukis
Top 20% pay 94% of income taxes. Bottom 40%? Nada, zilch, zippo http://www.aei-ideas.org/2012/07/top-20-....
Middle Class--Not the Rich or the Poor--Pay Majority of Fed Taxes, Says CBO Data http://cnsnews.com/node/68094
p.s. if you haven't read this shudder
Americans Will Work More than 6 Months to Pay Cost of Gov't in 2012