Thread: taxation
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Old 09-30-2011, 04:51 AM   #12
TheMercenary
“Hypocrisy: prejudice with a halo”
 
Join Date: Mar 2007
Location: Savannah, Georgia
Posts: 21,393
Quote:
Originally Posted by classicman View Post
I really don't think that's feasible.
You do realize that there are only 124,647 filers with incomes over $500,000.
If you add in those over $200,000 it totals 1,223,244 filers as compared to 68,400,596 of those under $200,000.
(figures from 2008)
Adjusting the rates on just over a million filers... I don't see where there are enough of them.
Wait now, are you saying that if we take all the money from the "Rich" and tax them on 99% of their income we couldn't balance the budget? That's not what President Zero is telling us...
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