Archived posting to the Leica Users Group, 2004/10/15
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]> > >> At this >> juncture in time, 48% of all working Americans pay ZERO income tax! > >That's fascinating. > >What is your source for this? Or is this armchair statistics at work? > > There's nothing ficticious about the number I gave. The following site, using data from the Congressional Budget Office was last updated in 2000 and you don't have to go very deep into it to find a graph showing that taxes begin at the mid-40% area and those below that point collect money in EIC's that they didn't pay. http://www.allegromedia.com/sugi/taxes/ The specific figure of 48% was the last I'd actually seen specifically stated and the information in the report linked above does nothing to debunk that figure. Walker