Should the rich be required to pay the same effective rate of taxation that working folks pay?
In other words, should all Americans share an equal burden (all taxes/fees as a percentage of income) when it comes to funding our civil society and civic infrastructures?
If not, would someone please explain why working folks have to shoulder a burden that is over twice the burden that the rich carry (@ 37% effective taxation vs. @ 16.7% effective taxation)?
Taxation best answer:
Answer by Aubrey
In 2005 the top %1 paid %28 of the nations Taxes.
http://www.factcheck.org/askfactcheck/wh…
In 2007 and 2008 they paid %40
2007- http://economix.blogs.nytimes.com/2009/07/30/top-1-paid-more-in-federal-income-taxes-than-bottom-95-in-07/
2008 - http://mjperry.blogspot.com/2008/08/tax-…
The top %1 pay more taxes than the bottom %90
http://taxprof.typepad.com/taxprof_blog/2007/10/top-1-pay-more-.html
How much more do you libs want from the rich?
Taxation
Mr Šemeta answering one of the question posed by MEPs during his hearing
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Hearing of Mr Šemeta, designate Commissioner for Taxation and Customs Union, Audit and Anti-Fraud (Brussels, 12 January 2009).
Before the new European Commission can take office the proposed new Commissioners must pass often tough Question and Answer sessions in front of Members of the European Parliament. Each committee questions the person who will be responsible for that dossier on issues ranging from their CV to political views. The last time this happened not all candidates passed muster as MEPs must sign off on them before they can take office.
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Orignal From: Should the rich be required to pay the same effective rate of taxation that working folks pay? and Mr Šemeta answering one of the question posed by MEPs during his hearing
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