To all of you out there who think the rich are evil and need to be put in their place – STOP COMPLAINING!
You’re also probably complaining that they don’t pay their fair share of taxes. Since they make so much more than the average Joe out there, they should have to pay more, a lot more, right?
Well guess what? They are already! According to the Congressional Budget Office, in 2006 (the most recent year which data is available), the top 10% of households shared almost 73% of all individual income tax liabilities. The top 5% of households was over 60%, and the top 1% was over 39%.
Think about how fair that is.
If you were to go out to a fancy dinner with 10 friends, and the bill came to $1,000, would you have the person with the highest income pay $730 for his dinner, and split the remaining $270 among the 9 others? If you did, I’d bet that friend would find another group of people to go out to dinner with!
Then how is the current scaled tax system fair? Just because you don’t know the highest income earners personally, doesn’t make it right to stick them with the bill for your issues, does it? Think about the dinner example. Why should the rich person have to pay 73% of the bill if all he had was a salad, and everyone else got to eat steak?
Just some food for thought.