Re: Soak the Almost Rich

Bruce Geerdes <[email protected]>
Newsgroups gmane.music.dadl.ot
Message-ID <[email protected]>
> Or consider the analysis USA Today published last week,  which found that
> Americans are paying the smallest share of their  income for taxes since
> 1958—23.6 percent, versus about 27 percent in the  1970s, 1980s, and 1990s. On
> average, a person making $100,000 this year  will pay $23,600 in combined
> taxes—federal, state, and local, income,  payroll, and sales—versus $28,700 in
> 2000 and $27,300 in 1990.

Except when you compare incomes with those of 10, 20 and more years
ago, it buys less today than it did then. So those earning $100,000 in
the past were "richer" than those doing so today. So it makes sense
they'd be in a higher bracket and pay more.

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