Thursday, October 16, 2008

Spread the wealth around

I thought this graphic and link might help you wade through all the wrangling and rhetoric about taxes and who pays them and who the real stake holders are in the coming election. A couple of key points to consider:
  • Approx 40% of workers pay NO income tax
  • Top 10% pay 60% of taxes
  • Tax rates varied from 3 - 22%. That is highly progressive. Higher incomes pay more

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