Sunday, April 15, 2012

Which is worse?

Please select from the following choices:

A. People who use idiotic demagoguery like the "Buffett Rule" to dupe the public?

B. People who believe the idiotic demagoguery that the "Buffett Rule" will actually make any noticeable difference?

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TexasFred said...

What's worse??

To burn to death or drown?

You're dead either way...

CK said...

the Top 20% of income earners make 80% of all the money... so should they not also pay 80% of all the taxes?

James Shott said...

The Tax Foundation reports in October of last year, "In 2009, the top 1 percent of tax returns paid 36.7 percent of all federal individual income taxes and earned 16.9 percent of adjusted gross income (AGI), compared to 2008 when those figures were 38.0 percent and 20.0 percent."

It should make you happy that the really wealthy have seen their incomes drop.

Oh, and by the way, their taxes paid/earnings ratio is about 2-to-1.

But that's fair, right?