[ZeroJunk]

Originally Posted by sheltiedave

That paragraph is for Zero, who cannot fathom how to research basic information from a CBO report.

Please note the top 20% of household incomes received 53% of earned income and paid 69% of all federal taxes.

The bottom 60% of household incomes paid approximately 15% of all federal taxes, with interpolation.

That means the lower upper class, the second highest quintile percentile, pays 16% of federal taxes, with interpolation of the remainder.

Broken out further, by quintiles, this would mean - going from lowest to highest - the percentage of federal taxes paid was 1%, 5%, 9%, 16%, and 69% by segments.

No matter how you slice and dice that raw data, there is no sustainable argument that ACA subsidies funded by federal taxes were an unfair burden borne mainly by the middle class. That is both a fallacy and a political, rather than an economic, red herring.

This is for Dave who apparently doesn't know the difference between federal income tax and FICA .


Nor, understand the increase between health care costs through employee contribution to employer provided or paid outright since the inception of Obamacare.