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When collectively, we pay our Final Net Tax, the rich:

1. Pay a incredibly full proportion of the entire burden,

2. Pay an reciprocally graduate final monetary unit amount.

Credits, deductions, subsidies or any nature of decrease on the way to that Final Net Tax let for monumental deceit, even more by Democratic politicians, and most Democratic constituents, who ofttimes pursue in willful misinterpretation.

The inside class, from $30,122 and up, does not endure at the guardianship of the flush. It does see at the safekeeping of big establishment and its supporters.

Most Democratic politicians and their constituents, are advocates of big political affairs and distribution. They construe on a standard basis, that the loaded are getting thing finished the government, as but policy has its own supply.

When upper bracket taxpayers cut their Final Net Tax, taking legal acknowledgment and deductions, they unmoving protective clothing out a hazard at the end of respectively yr. Leftists wrongly generate references to how much the loaded get at the disbursal of the needy and halfway standing.
There is nought fairness to this.

Example. (Wealthy) remunerator A, is lone and has $500,000 of full return.

(Wealthy) gets list totaling $15,000, for auto expense, amusive clients and an IRA. This leaves $485,000 of subject income, until that time acquiring to his itemized deductions.

(Wealthy) past has $100,000 of itemized deductions, which brings his rateable capital to $375,000.

His Final Net Tax, is done $100,000.

No entity what acknowledgment or deductions he received, toward the pass completion of his tax return, his Final Net Tax, of $100,000 plus, is a \\"payment\\", and a immerse one . He was specified 0, nothing, nil.

This is his money for income taxes only, he inactive has all the others.

130 million tax returns were filed for the time period 2004, the most modern period of time of accessible IRS statistics.

89 cardinal of these are net taxpayers who foot the measure. The remaining 41 million had no Final Net Tax. Millions of these truly received savings through with the gravely misnamed Earned Income Tax Credit, (EITC). Money was fixed to (EITC) recipients from the taxes remunerated by those near difficult incomes. It works fur to recipients but not up to taxpayers above them.

The utter amount of takings taxes post-free in 2004 was $831 a billion.

Dividing those who filed returns, into two halves, top partially and stand half, we see that the separating vein between the high partially and lower fractional starts at $30,122 of AGI-Adjusted Gross Income.

To simplify, location is both rounding error.

1. Top half -AGI from $30,122 and up, paid 96.7 % of the whole or $804 billion.

2. Bottom half -AGI from $30,122 or smaller quantity paid 3.3% of the whole or $ 27 billion.

Of that $804 a billion total, let\\'s start in on with the last-place squadron (in the high partly) and trade our way up, to see who compensated what.

The Final Net Tax-payment-of each faction is in parentheses

If you are in the crowd that earned relating $30,122 and $60,041, in attendance are 33 cardinal of you and your costs submersed ($99 a billion), of the $804 a billion postpaid.

If you are in the grade that earned betwixt $60,041 and $99,112, in that are 20 million of you and your recompense snow-covered ($139 billion), of the $804 a billion salaried.

If you are in the assortment that attained relating $99,112 and $137,056, at hand are 6 ½ cardinal of you and your salary inundated ($92 a billion) of the $804 cardinal postpaid.

If you are in the squadron that earned concerning $137,056 and $328,049, nearby are 5.2 a million of you and your clearance beplastered ($168 a billion) of the $804 cardinal post-free.

If you are in the unit that earned done $328,049, here are 1.3 cardinal of you and your salary sun-drenched ($307 a billion) of the $804 billion.

2004 Total Income Taxes Paid=$831 billion

Paid by Top 50%-$804 billion

Paid by Bottom 50% $ 27 billion

Total 65 million salaried $ 804 billion

Share of Total Paid By Bottom 50%

65 million paid $ 27 billion

Total $ 27 billion

We should let our elected officials know, that deceit, finished who pays what, is no longest suitable. If congressmen shelf for high taxes and bigger government, they should watch over that character beside fairness.
Attacks on those gainful a extremely superior allocation of the weigh down should cease.

Some try to confuse the above circulate by transferral FICA or \\"payroll taxes\\" into the conference. That misrepresentation must be dealt beside (exposed) spaced out.