Saturday, August 27, 2011

Taxes

A response to Mr. Buffet's call for higher taxes on the wealthy - some interesting factoids, e.g.:

Today, top earners—the 250,000 people who earn $1 million or more—pay 20% of all income taxes, and the 3% who earn more than $200,000 pay almost half. Almost half of all filers pay no income taxes at all. Clearly they earn less and should pay less. But they should pay something and have a stake in our government spending their money too.

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