That is a different thing than you said before. Before it was the tax burden you wanted to see more evenly distributed. Now it is tax rate increases. I get that. I think it is wrong, but at least now all of your big government power grabs are lined up. False. I have posted the CBO numbers a number of times, and I will post them again for you to not look at because they don't support your narrative. http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=456 The top 1% have an effective of 29% and it decreases from there. It is not relevant in the least. I oppose bad tax policy because it is bad for everyone, not becase it is bad for the rich. Now you are coming to your senses.
29% is only true of payroll income. most wealthy people get the vast majority of their income from investments which are taxed at a considerably lesser rate. this is how Mitt paid an effective rate of 13% for the past few years and probably more.
So they invest money they made working, which is taxed, and make money off that by risking their profits and you want to take more of it why? What good does this do?
No. That is not true. Read the methodology of the study. It includes all forms of income. Capital gains, dividends, and deferred interstr are all included. Link
Zero when idiots spend money on bailouts and such.. You going to try to answer this time? To pay " a little more " is a fucking stupid answer.
the study is an average of those income brackets. since the top bracket stops at around 350 grand per year, there is a hell of a lot of room between there are and the guys who are knocking down 20 million or so. Take Mitt for instance. Last year his total income was 21.7 million and he paid around 3 million in taxes for an effective rate of around 13.9%. How? All of his income was investment income which is currently taxes at a flat 15%. after taking deductions for donations and taking advantage of loopholes and credits, his effective rate was 13.9%. Don't think for a minute that Mitt is the only one who is knocking down that kind of money either.
yeah, because only the good guys make charitable donations, right? give me a break Pride.....stop being so naive.