Political Forums  

Go Back   Political Forums > The Unemployment Line
Register FAQ Community Calendar Today's Posts Search

We appreciate your help

in keeping this site going.
 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #11  
Old 11-18-2010, 11:45 AM
whell's Avatar
whell whell is offline
Senior Member
 
Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
Quote:
Originally Posted by Fast_Eddie View Post
I stand by my statement- I don't think you can find anyone actually paying 42% in taxes.

I found this article on what Americans actually pay:

http://economix.blogs.nytimes.com/20...-pay-in-taxes/

"The main findings: The overall effective federal tax rate (the ratio of federal taxes to household income) was 20.7 percent in 2006, with the highest quintile of American households paying 25.8 percent of their income in federal taxes."

This is no where near 42% or even 35%. Those figures are, at best, misleading.
We're addressing two separate subjects: marginal or effective rates (you) versus taxes on W-2 earnings (me). You suggest my numbers are misleading by posting something unrelated. Interesting debate strategy...

Last edited by whell; 11-18-2010 at 11:48 AM.
Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 01:53 AM.



Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.