All Blog Posts Tagged 'balanced' (1)
National Debt And The Tax Fallacy
In 2009 only 45.4% of the population was paying tax. Of that number a very small percentage, 10%, were paying 45% of the taxes. These numbers came from the Federal Reserve. The top 10% earners were paying another 35% with the rest of the middle and poor paying the rest. One might think that it was only unemployment that was responsible for that incredible disparity. The truth is that entitlements and government mismanagement of federal fiscal measures were the culprit.
IRS…
Added by Doc Vega on March 31, 2012 at 11:30pm — 2 Comments
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