Originally Posted by waynet

According to a report just released by www.tax.com the answer is simple. The rich got it all.
Some thoughts and numbers from the report:
The top 400:Income way up taxes way,way,down.A new report on the richest 400 show their income rose an average of 81 million...in 1 year.
Last fall a census bureau study found that real median income fell from $52'500 to $50,303 between 2000-2008. Millions of these same people lost their health insurance and their jobs also.
So,most of the middle class Americans who flock to the tea party movement were the big losers between 2000-2008. So who were the winners? Newly released data show the top 400 made enormous gains(81 million in 1 year) and paid less taxes.
The bottom 90% saw their incomes rise 13% in 2009 dollars.The top 400 saw their incomes rise 399%
In a single year 2006-2007 the income for those 400 rose 31%. Their tax rate fell to 16.6%
During the Reagan years the tax rate for the wealthiest was 50% and just as importantly so was the capitol gains tax at 50%
The wealthy have been given every tax break imaginable.
To put it simply:They are not paying their share.

Our Tax system and our defense budgets are the 2 major reasons for our debt. Until we address both it does not matter who is in charge.