Archive for July, 2011»
This paints the picture clearly & succinctly. And he doesn’t even mention Obamacare! Thanks Linda.
This takes a bit to load, but moving your mouse carefully will bring up info for each and every county. Thanks Kathi.
The Heritage Foundation has come up with a chart that can be instructional for those who say ‘raise taxes on the rich’.
Top earners are the target for new tax increases, but the U.S. tax system is already highly progressive. The top 1 percent of income earners paid 38 percent of all federal income taxes in 2008, while the bottom 50 percent paid only 3 percent. Forty-nine percent of U.S. households paid no federal income tax at all.
The charts in this book are based primarily on data available as of March 2011 from the Office of Management and Budget (OMB) and the Congressional Budget Office (CBO).
Be sure to roll your mouse over sections of the graph— It shows the percentages of each income group for each year. Note how the top 1% paid 18% in 1980, and now pay 38%. The bottom 50% paid 7% in 1980 and now pay 2.7%.
In Congress, July 4, 1776,
THE UNANIMOUS DECLARATION OF THE THIRTEEN UNITED STATES OF AMERICA
When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume, among the Powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation. Read more »