08-09-2011, 01:22 PM
billb wrote:
The article makes a bunch of stabs into the dark abyss of statistics and leaves the bleeding rivers to the reader to apparently assume the "rich" pay no taxes when in fact they are using loopholes to help the poor via charity.
No one said that all rich are paying no income taxes, just this group that is noted. The right like to come up with statistics of (iirc) 49% of people pay no income tax, but what they don't say is that they pay taxes, proportionate to their income, higher than any other group in society. The wealthy, on average, pay less in TOTAL tax (percentage-wise) than any other group, but the Fox News story omitted that nugget.
The more that people make in the US (however you label that money landing in their possession: income, earnings, compensation, etc.), the more vehicles they have to keep this money out of the hands of the tax man. The wealthy have schemes (for lack of a better word) that allow them to shuffle their money in ways that the average person does not and because of this, they can keep more of what comes their way.
It is still interesting to me that people rush to these threads to protect the groups that they are NOT part of. I will be honest: I would love to have a money "problem" of too much cash. Just seems funny that when these topics come up (when news comes out that individuals making a lot of money paying less tax than people making far less) there is a rush to defend said folks.