07-16-2012, 01:03 AM
Avenger wrote:
>>I 'm not sure I agree that any of us would skirt tax laws and ethics the way that Mitt Romney has<<
Now this is new. When did he "skirt" tax laws? You say ordinary people will be outraged to see him pay less than 15% or so. Do you know what is the average effective individual income tax rate in America in 2007?
3.3% for the middle quantile. 3.3%
http://www.taxpolicycenter.org/taxfacts/...?Docid=456
The much maligned top 1% pays 19%. The indignation should go the other way.
Can someone explain the difference between the first two charts? It's bedtime for me and my brain doesn't function as well this late in the evening. I know my final tax rate was above 14% in 1997 and I'm no where near close to being in the 1%. The first chart makes more sense.
Aside from not understand the charts, you can't get blood out of a turnip. I don't know how much you make Dakota, but folks like teachers, police, firemen, etc. can't possibly give up another 10%. Even with a flat tax percentage those who make more will pay more than those who make less. The wealthy will also have to give up their tax shelters.
Again though, this is misdirection to get people fighting with themselves while the ones pulling the puppet strings enjoy the show.