Mainecoons
09-01-2012, 07:06 AM
Let’s consider income first.
Between 2007 and 2009, after-tax earnings by Americans in the top one percent
for income fell 37 percent. On a pre-tax basis they fell 36 percent in the same
period. . . .
In other words, the incomes of the
top one percent fell 18 times more than the incomes for the middle class at the
start of the recession.
So the rich aren't getting richer. That's Democrat lie #1
And taxes paid? Despite the
oft-repeated fact that tax rates for the wealthy are at an all-time low (which
is true), it’s also true that the actual amount paid in taxes by the wealthy is
higher than before the recession. . . .
The One Percent paid an average
effective tax rate of 28.9 percent on their income — far more than any other
group, and more than twice the average effective rate of the middle class, who
paid 11 percent on average.
So the rich lost more income and
paid more of their money in taxes than the rest of the population.
And that's Democrat Lie #2
These numbers are from CBO
http://www.cnbc.com/id/48257611
Between 2007 and 2009, after-tax earnings by Americans in the top one percent
for income fell 37 percent. On a pre-tax basis they fell 36 percent in the same
period. . . .
In other words, the incomes of the
top one percent fell 18 times more than the incomes for the middle class at the
start of the recession.
So the rich aren't getting richer. That's Democrat lie #1
And taxes paid? Despite the
oft-repeated fact that tax rates for the wealthy are at an all-time low (which
is true), it’s also true that the actual amount paid in taxes by the wealthy is
higher than before the recession. . . .
The One Percent paid an average
effective tax rate of 28.9 percent on their income — far more than any other
group, and more than twice the average effective rate of the middle class, who
paid 11 percent on average.
So the rich lost more income and
paid more of their money in taxes than the rest of the population.
And that's Democrat Lie #2
These numbers are from CBO
http://www.cnbc.com/id/48257611