snowwolf777 wrote:Quick question - can someone show me the math formula for "fair share?"
What the President decides is MY fair share? What Obamaphone Lady thinks is my "fair share". Never seen the "fair share" thing quantified.
Here is Therefore, they should make up the tax burden, that was formerly paid, by the middle class.my take on the fair share, of the rich.
I believe the rich should pay much higher taxes, than they do today, and here is the rational for this belief. For many years, the majority of taxes, collectedin the US, were paid by the middle class. Not neccessarily as a percentage of their income, but as a percentage of the gross reciepts of the IRS. This has gradually decreased, due to outsourcing the jobs, of the middle class. During the same period, the income of the surviving middle class, has stagnated, while the income of the top 1%, has exploded. Many of the 1% have had a massive increase in wealth due to the outsourcing of the jobs, of the middle class. I will have to do some research, and crunch some numbers, to come up with an actual percentage that they should be taxed, to make up the difference, but I imagine, that the percentage, would make them scream bloody murder.
Dave (A.K.A. Homebrew)
P.S. I would go into greater detail, but I am typing this using a slow as hell wifi, and I hate this keyboard.