Would you like to debate this with me?
No perjoratives, no jokes, just facts.
The wealthiest 10 percent pay a little over 70 percent of the federal income tax collected.
In 1986, when Ronnie was in office, it was 55 percent.
The other 90 percent, that is pretty much all of us on these here boards paid a little under 30 percent of all federal income taxes collected
And 47 percent paid nothing, or next to nothing.
But let's hang Mitt by his neck for bringing this up.
FACT: The rich pay a higher rate than the poor.
Tax codes are different now than in 1986 though.
Under Ronnie in '86, there were just two tax brackets.
15 percent - that was pretty much what the working stiffs paid.
28 percent - pretty much what the doctors and lawyers and the other six and seven figured annual salaried person paid.
Now there are seven talx brackets, low 10 percent - pretty much what the entry level factory grunt pays - up to 39 percent
Stop it with the poor don't get any breaks, child care incentive, and income tax credit for the poor are at an all time high under Obama.
Just like the poor, the corporations get tax breaks too.
Most of the poor don't cheat, most of the rich don't cheat, they take advantage of the tax breaks and incentives given to them.
Factoring state and local taxes, the top percent pay half, almost, 48 percent.
Caluculating tax burden as a percent of income, the top ten percent accounted for 30 percent of the federal taxes collected last year.
The bottom 90 percent, accounted for 25 percent of the taxes paid.
Ask Mitt about the other percentage that accounts for nothing paid.
You can to spin it anyway you want, and the Obama liberals are really really good at spinning, but no matter how you spin it, bottom line, rich pay more. Don't argue this, it is a stone...cold...fact!
Where are those 7 million new jobs Obama promised when he ran for office the first time in 2008.
He swore he would create 7 million jobs.
1) Not even close to 7 million.
2) The jobs he created were not even full time, and a lot of them additons to make up for previous layoffs, and those additions came at a lower price.
Who said this?
"We can put people back to work....if we've got bold leadership in the White House"