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Old 11-24-10, 02:19 PM   #24
tater
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Join Date: Mar 2007
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Quote:
Originally Posted by Armistead View Post
You're aware the average tax break related to the last taxcut the average millionaire got back about 85K, the average 50K person got $20 bucks.
So what? The average person making 50k a year does not pay a full per capita share of taxes. The average middle quintile income is ~58k. Their effective income tax rate is 3%. So they pay no where near a share in income tax. Add in FICA, and they have a ~14% total effective rate, so 7k, under a share. The guy making a million pays ~$300,000 in federal taxes. That's 30 shares of the budget. If he gets 85k back, he still pays 27 shares.

The top deserves the break (assuming there is a break to give), they are the ones paying.
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