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2006-11-19 13:18:44 · 8 answers · asked by Tneciter 3 in Business & Finance Taxes Canada

8 answers

I hate to present facts, but here goes.

BREAKDOWN OF INCOME AND TAXES PAID BY CATEGORY

Income Category -- 2004 AGI -- % of all inc -- % of inc taxes paid
Top 1% ----------- Over $328,048 --------19% ---------------- 37%
Top 5% ----------- Over $137,500 -------- 33% ---------------- 57%
Top 10% --------- Over $99,111 ---------- 44% ---------------- 68%
Top 25% --------- Over $60,040 ---------- 66% ---------------- 85%
Top 50% --------- Over $30,121 ---------- 87% ---------------- 97%
Bottom 50% ----- Under $30,121 -------- 13% ---------------- 3%

Perhaps you should stop hating rich people for a while and worry about yourself. It might do wonders for your career and income.

.

2006-11-19 13:46:15 · answer #1 · answered by Zak 5 · 2 0

The "rich" already pay their share, your share, & my share. And these are people that go to work every day and work 50+ hours a week. Not people that just got money given to them.

2006-11-19 16:06:22 · answer #2 · answered by cinsmith1 3 · 1 0

The average American family with both spouses working in let's say even a little below average middle class is paying about 30-35% Federal and !0% State and 7% sales and ??%% Homeowners Taxes now... We get to keep about half as it is...

2006-11-19 13:25:36 · answer #3 · answered by the_buccaru 5 · 1 1

In the United States, the top 10% of all wage earners pay 50% of all federal income taxes. I think they are already doing there fair share.

2006-11-19 13:21:10 · answer #4 · answered by Anonymous · 2 1

You just have to know the secrets of tax shelters like a corporation which creates huge write offs. So start a business and it does not matter if it fails write it off at the end of the year.

2006-11-19 14:18:56 · answer #5 · answered by Anonymous · 0 1

The rich pay more taxes than any other group!

2006-11-19 13:21:12 · answer #6 · answered by Anonymous · 2 2

yes

2006-11-20 09:14:46 · answer #7 · answered by kwadwo_adade 4 · 0 0

maybe

2006-11-19 13:21:22 · answer #8 · answered by ? 7 · 0 1

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