Are You In The Top 1%?

3 02 2008

Unless you had an average 2006 income of $1,272,000, probably not. So just in case you’re against the rich being taxed their fair share the Citizens for Tax Justice did a little analysis for you.

The wealthiest one percent of Americans received an average tax break of $84,482 per family member. This exceeds their added debt burden of $54,130 per person by $30,352. Let me make this live a little for you, an average family of four in this bracket just got $337,928 tax break and is responsible for $216,520 LESS of the debt incurred by this country.

In contrast, the other 99 percent of us received a tax break of $2,616 (sweet!) but our added debt burden increased by $9,782 per person. Yes, that’s $7,166 per person added tax burden for all of us not in the top 1% of Americans. Again, if you’re feeding a family of four your total tax burden went UP $28,664.

Apparently “fiscally conservative” means “fuck absolutely everyone except the rich”. Still feel like voting for a Republican?




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