Quote:
Originally posted by KSigkid
I did not grow up in an affluent household...my parents worked extremely hard, but for various reasons things were tough at times.
However, I think Dr. Kamerschen's scenario is pretty solid.
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Do you think it's fair though that some people who make around $200,000 pay 60% of their income after everything is said and done (I'm talking state tax & sales tax as well) to the government while others pay comparably negligible sums?
I don't.
The top 1% pay 29% of all the taxes -- the top 5% pay over 50% of the total income tax collected. It's redistribution of the wealth. In my gut, I feel it's wrong.
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