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Quote by: lsbskins1  I would like anyone who thinks that the tax system in our country is unfair to the wealthy to look at these 2 sites and do some math: Who Pays Income Taxes? See Who Pays What and Wealth Distribution
Now, consider -
The top 10% on the income scale control 71.2 % of the wealth and pay 70.3 % of the taxes. Seems like they are ahead by almost 1% in the game and they ought to quit complaining based on that fact alone. But also consider that even though they pay right on track for what they control, they could wipe their butts with hundred dollars bills and still live better than the bottom 1/3 of the country. I think it is only fair that they should pay even more based on that fact. |
You only think it is fair because you have the misguided belief that government would do a better job spending and investing that money than they themselves do.
That belief is unfounded. Most economists agree that private investment creates far more wealth than government spending on a per dollar basis.
John Stossel has a standing (and unmet) challenge to anyone who can demonstrate, in simple economic terms, any domestic function that is performed better by government than by private industry. He is offering to give $50,000 to anyone who can do so.