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Old 02-24-2013, 12:52 PM   #219
KC native KC native is offline
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Quote:
Originally Posted by patteeu View Post
How do you define lower rungs? The bottom 99% has a lot more blood to give than the top 1%. Raising tax rates on the first dollar of income would generate a lot more revenue than raising the rate on the 100,000th dollar or the 1,000,000th dollar.



The working class gets a tremendous deal in the USA these days. I wonder how many of them would want to emigrate to Mexico or any other third world country.
That is completely false. The top 1% receives somewhere in the neighborhood of 20% of all income. If we look at the top 10%, then that numbers grows to 45%. Increasing the rates on those people would generate more revenue that squeezing lower income tax payers.

This is basic math patty. Color me not surprised that your gop talking points interfere with that.
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