04-17-2015, 03:15 AM
The top 10% of earners pay virtually everything that is collected
The top 10 percent of income earners paid 68 percent of all federal income taxes in 2011 (the latest year available), though they earned 45 percent of all income. The bottom 50 percent paid 3 percent of income taxes, but earned 12 percent of income.
http://www.heritage.org/federalbudget/to...me-earners
And how do the top 10% earn so much money? By employing the bottom 50%, and paying them minimum wage. The wealthy also have disposable income which they invest to get even more money, then complain about their minimum wage workers not paying taxes at private $1000 a plate gatherings.
The top 10 percent of income earners paid 68 percent of all federal income taxes in 2011 (the latest year available), though they earned 45 percent of all income. The bottom 50 percent paid 3 percent of income taxes, but earned 12 percent of income.
http://www.heritage.org/federalbudget/to...me-earners
And how do the top 10% earn so much money? By employing the bottom 50%, and paying them minimum wage. The wealthy also have disposable income which they invest to get even more money, then complain about their minimum wage workers not paying taxes at private $1000 a plate gatherings.
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