It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
As President Barack Obama pushes to raise income taxes on high earners, opponents are seizing on data that indicates these U.S. households already pay a large and growing share of taxes, even compared with high-tax European countries. And a new congressional study concludes that the percentage of U.S. households owing no federal income tax climbed to 51% for 2009.
Originally posted by sligtlyskeptical
It blows that 51% of our citizens live so poorly that they don't earn enough to pay income taxes while the top 10% live lives of luxury. I think if you equalize the pay, then you will equalize the taxes. Can't have it both ways and expect to escape the problems we have.
Poor folks pay plenty of other taxes which in the end probably mean they pay a higher total of their income in taxes then do the top 10%.
I also think we should just print the money we need rather than borrow it and eliminate taxes alltogether .