You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Reply #31: Is the CBO good enough? [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
NAZLib Donating Member (15 posts) Send PM | Profile | Ignore Thu Aug-11-11 12:16 PM
Response to Reply #20
31. Is the CBO good enough?
I was working from memory but the the CBO < > claims that the top 1% pay about 31% of their income in federal taxes. I don't have a good number for the states but I know they spend around $800B per year and generally have balanced budget requirements so they're clearly getting the money from somewhere. Considering how hard it is to get away from sales and property taxes I don't think 10% of a person's income going to state and local taxes is an unreasonable guess. Do you really want to fight over a couple of percent either way?
Printer Friendly | Permalink |  | Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC