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Originally Posted by Seaver
A tax policy that overwhelmingly benefits the rich?
The top 50% (half of those are middle class at least), pay 66% of taxes. The top 1% pays 17% of the total taxes. The bottom 50% either pay next-to, or no taxes.
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Sever your numbers are off.
http://www.irs.gov/pub/irs-soi/03in05tr.xls
The Top 50% pay 96.54% of All Income Taxes
The Top 1% Pay More Than a Third: 34.27%
The top 25% pay 88.88% of the Taxes
The vast majority of all taxes are paid by the wealthy, period, anyone who argues otherwise is in a state of cognitive dissonance.