Quote:
Originally Posted by CaptainHaplo
The top 10% of earners pay over 70% of the total taxes collected....
Almost 50% of the population pays no taxes....
Where is the fairness again?
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In 2007 the richest 1% of the American population owned 34.6% of the country's total wealth, and the next 19% owned 50.5%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%.
So yes, where is the fairness? Why did 93% of new wealth created in 2010 go to the top 1% of earners? You're damn right they need to pay the lions share of the taxes.