Quote:
Originally posted by taxwonk
In 2001 the wealthiest 10 percent of taxpayers paid 50 percent of the total federal tax bill, a figure that would drop to 47.6 percent in 2004. Under 2000 law, that top 10 percent would have seen its burden drop by less than 1 percentage point from 49.1 to 48.7 percent. Meanwhile, the 60 percent of Americans in the middle would be responsible for 35.2 percent of federal taxes in 2004 with the Bush cuts, but only 34.6 without.
numbers, the rising debate over the Bush
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So, boiled down, the complaint is that the top 10% pay 47.6% of all income taxes instead of 48.7%?
And that the middle 60% pay 35.2% instead of 34.6% of all income taxes?
Don't absolute figures count for anything?
Soak the rich indeed.
