From Kutulu's article:
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Rush finds this last statement important enough to highlight in red. The problem is that it is wrong. Earlier in the article, Rush states that the top 1% is paying 33.89% of taxes. This is not "more than ten times" the 3.97% paid by the bottom 50%. It's about 8.5 times.
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Oh, ok
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Over 99 percent of estate and gift taxes were paid by the top quintile of wage earners. Hence, while these numbers do not indicate how much of any group's wealth is inherited, they do indicate that the great majority of great inherited wealth (great enough to qualify for the estate tax) goes to those who already have high incomes
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So, in essence the rich both pay the inheritance taxes AND recieve their family's inheritance?? No fair!!
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The very largest tax cut of 33% goes to the lowest-wage workers in the newly created 10% tax bracket
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There goes that tax cuts for the rich thingy
Kutulu, if that's the article that's going to blow away the 96% thingy, I think you're going to be disappointed. At best it splitting hairs and at worst, it's helping reenforce then argument.
Putting that aside for the moment, how muh more of my tax dollars do you want to confiscate for the govt? I'm in 94-99% bracket for reference