The United States is more dependent on its rich to pay taxes thaneven many of the more socialized economies of Europe (even Sweden)
 

The United States is more dependent on its rich to pay
taxes than even many of the more socialized economies of Europe.
According to the Tax Foundation, the United States gets 45 percent of
its total taxes from the top 10 percent of tax filers, whereas the
international average in industrialized nations is 32 percent.
America’s rich carry a larger share of the tax burden than do the
rich
in Belgium (25 percent), Germany (31 percent), France (28 percent),
and even Sweden (27 percent).

This conclusion is inconsistent with the liberal mantra that top
earners in the U.S. are not paying their "fair share" in taxes.

"A lie told often enough becomes truth"

Vladimir Lenin quotes (Russian Founder of the Russian Communist

http://taxfoundation.org/blog/no-cou...s-much-usParty)

The United States is more dependent on its rich to pay taxes thaneven many of the more socialized economies of Europe (even Sweden)
 

On Jan 31, 11:43Â*am, ПЈО'Донован wrote:
The United States is more dependent on its rich to pay
taxes than even many of the more socialized economies of Europe.
According to the Tax Foundation, the United States gets 45 percent of
its total taxes from the top 10 percent of tax filers, whereas the
international average in industrialized nations is 32 percent.
America’s rich carry a larger share of the tax burden than do the
rich
in Belgium (25 percent), Germany (31 percent), France (28 percent),
and even Sweden (27 percent).

This conclusion is inconsistent with the liberal mantra that top
earners in the U.S. are not paying their "fair share" in taxes.

"A lie told often enough becomes truth"

Vladimir Lenin quotes (Russian Founder of the Russian Communist

http://taxfoundation.org/blog/no-cou...come-household...)

of course you are lying with statistics again. tens of millions of
people have removed from the tax rolls due to "CONSERVATIVE"
economics, it will skew upwards the percentage that the remaining pay
into federal taxation. we have seen this before. in the end we
collapsed because almost all wealth and power ends up in the hands of
a few under "CONSERVATIVE" economics. funny how you quote lenin, a
known "CONSERVATIVE".



http://www.aliveness.com/kangaroo/Timeline.htm


TIMELINES OF THE GREAT DEPRESSION: 

This page features two timelines:
the first for general events of the Roaring 20s and the Great
Depression, the second for leading economic indicators.

The
importance of these timelines cannot be emphasized enough. Seeing the
order in which events actually occurred dispels many myths about the
Great Depression. One of the greatest of these myths is that
government intervention was responsible for its onset. Truly massive
intervention began only under the presidency of Franklin Roosevelt in
1933, who was sworn in after the worst had already hit. Although his
New Deal did not cure it, all the leading economic indicators improved
on his watch. 

But don't take my word for it -- here is the raw
data: 

TIMELINE OF GENERAL EVENTS 

1920s (Decade)
• During World War I, federal spending grows three times larger than
tax collections. When the government cuts back spending to balance the
budget in 1920, a severe recession results. However, the war economy
invested heavily in the manufacturing sector, and the next decade will
see an explosion of productivity... although only for certain sectors
of the economy.
• An average of 600 banks fail each year.
• Agricultural, energy and coal mining sectors are continually
depressed. Textiles, shoes, shipbuilding and railroads continually
decline.
• The value of farmland falls 30 to 40 percent between 1920 and 1929.
• Organized labor declines throughout the decade. The United Mine
Workers Union will see its membership fall from 500,000 in 1920 to
75,000 in 1928. The American Federation of Labor would fall from 5.1
million in 1920 to 3.4 million in 1929.
• "Technological unemployment" enters the nation's vocabulary; as
many as 200,000 workers a year are replaced by automatic or semi-
automatic machinery.
• Over the decade, about 1,200 mergers will swallow up more than
6,000 previously independent companies; by 1929, only 200 corporations
will control over half of all American industry.
• By the end of the decade, the bottom 80 percent of all income-
earners will be removed from the tax rolls completely. Taxes on the
rich will fall throughout the decade.
• By 1929, the richest 1 percent will own 40 percent of the nation's
wealth. The bottom 93 percent will have experienced a 4 percent drop
in real disposable per-capita income between 1923 and 1929.
• The middle class comprises only 15 to 20 percent of all Americans.
• Individual worker productivity rises an astonishing 43 percent from
1919 to 1929. But the rewards are being funneled to the top: the
number of people reporting half-million dollar incomes grows from 156
to 1,489 between 1920 and 1929, a phenomenal rise compared to other
decades. But that is still less than 1 percent of all income-earners.