This blog is about things that interest me and may or may not include, but will probably not be limited to: US politics, Texas GOP politics, fantasy football, sports news, cool web stuff, geeky science and technology items, movies, philosophy, religion and humor. Wait, don't leave--it'll be great!
Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts
Sunday, October 26, 2008
On the Road Meets the Web Generation
Tuesday, May 06, 2008
Taxing the Rich
It's election season, so the various candidates pull out their go-to rhetoric and we hear vague truisms about very complex issues like taxations shouted at us a lot. I found a very interesting breakdown for 2005, the most recent year for which breakdowns are available.
Before you check it out, ask yourself if you can answer some basic questions about the current tax structure in the US:
I don't know about you but my target income is above 61K, so remember next time you vote to soak the rich that it could be you and me.
Before you check it out, ask yourself if you can answer some basic questions about the current tax structure in the US:
- What percentage does the average American pay in federal income tax?
- What percentage of Americans filing income tax returns didn't end up paying any?
- Are you rich?
I don't know about you but my target income is above 61K, so remember next time you vote to soak the rich that it could be you and me.
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