The taxes on the wealthy in the USA is not 40 percent. It is not even 25 percent.
To the right are the taxes paid by the people of Alabama. (click here)
15 January 2015
By Robert Frank
...In other words, (click here) it said the tax systems are "upside down," with the poor paying more and the rich paying less. Overall, the poorest 20 percent of Americans paid an average of 10.9 percent of their income in state and local taxes and the middle 20 percent of Americans paid 9.4 percent. The top 1 percent, meanwhile, pay only 5.4 percent of their income to state and local taxes...
If any tax changes gets the wealthy to pay more than ten percent it will be a windfall for the US Treasury.
Who pays? Released January 14th, 2015 (click here) Find the state one lives in and realize the completely inappropriate rate the WORKING POOR actually pays.
The tax structure in the USA is completely hostile to the Poor and Middle Class. It has to be a high priority for change in the 2016 elections. The governments, be they state or federal, needs to get off the back of those least able to pay.
The current tax codes are completely unjust. Many of the state tax rates rely on the federal filing.
2016 is the "Red Line" for changing the tax code to give relief to the Working Poor and Middle Class !!!!!!!!!!!!!!!!!
To the right are the taxes paid by the people of Alabama. (click here)
15 January 2015
By Robert Frank
...In other words, (click here) it said the tax systems are "upside down," with the poor paying more and the rich paying less. Overall, the poorest 20 percent of Americans paid an average of 10.9 percent of their income in state and local taxes and the middle 20 percent of Americans paid 9.4 percent. The top 1 percent, meanwhile, pay only 5.4 percent of their income to state and local taxes...
If any tax changes gets the wealthy to pay more than ten percent it will be a windfall for the US Treasury.
Who pays? Released January 14th, 2015 (click here) Find the state one lives in and realize the completely inappropriate rate the WORKING POOR actually pays.
The tax structure in the USA is completely hostile to the Poor and Middle Class. It has to be a high priority for change in the 2016 elections. The governments, be they state or federal, needs to get off the back of those least able to pay.
The current tax codes are completely unjust. Many of the state tax rates rely on the federal filing.
2016 is the "Red Line" for changing the tax code to give relief to the Working Poor and Middle Class !!!!!!!!!!!!!!!!!