Under your scenario.
If you start off poor and work really hard....and are taxed at (or near) the same rate as the wealthiest taxpayers, will you ever make a better living or will you be stuck at a level where your limited resources are going to taxes to the point that you are living from paycheck to paycheck or worse.
Quote:
Originally Posted by TheMercenary
I didn't say anyone paid near 50% of there income in federal income tax.
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When you say one person pays near 50% and another pays nothing, what else could you be talking about? Particularly given that the wealthy pay a much lower rate for FICA taxes than those making under $100k.