Posted by manualblock [ 69.112.69.86 ] on October 11, 2005 at 17:43:42:
This tax post is getting too skinny. We have to bring it back up here and re-start.
I need to ask a question here. What level of income would you guys considor wealthy?
According to the IRS the top wealthiest tax-payers in the 5% brackett have average incomes of 132k annum.
The top 1% start at 317k Per Annum. I need some feedback here at this point in the discussion as to what the opinions are concerning what constitutes wealth and whether those figures mean you are wealthy.
Also a good site that explains some of my position is called:
ASK QUESTIONS.ORG under Tax liability=who pays. That is a non-political site that explains much of the truth behind the numbers. It is very helpfull in determining what the whole tax debate is all about.
Those figures MR Vinyl show's on the site he uses has the 128k yearly salary as the top brackett; which of course is rediculous to use in describing what makes someone rich.
We need the info for the smallest group after the 317k yr income and what they pay percentage wise. It's on the IRS site but has to be dug out. To be continued.
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