[Bill14564]

Originally Posted by golfing eagles

The "rich"??? Who are they??? Anyone who actually contributes to society by paying taxes, donating to charities, employing others and venturing capital?????

"The reports are saying....."---what "reports"? I think we can all guess the source of that misinformation.

This class warfare rhetoric has to end. The top 5% currently pay 65% of all taxes. And that's "fair"????? Forty-seven % pay no tax----and that's "fair". But by all means let's continue the populist rhetoric that started in 1933 and has only become worse since then.

Perhaps we can say “the rich” are those who will put any additional tax breaks into their investment accounts rather than into the economy. Give $1,000 to someone making less than say $100K and it will likely be spent. Give $1,000 to someone making more than $400K and they might not notice if they dropped it on the floor, they certainly aren’t going to spend it in Publix.

It would be interesting to see statistics on the percentage of income the top 5% make. Do the top 5% who pay 65% of taxes also receive 80% of income? Similarly, it would be interesting to see what their effective tax rate is. I looked but wasn’t able to find that in a quick search.