Guess what Russ? The rich will still wind up paying over 50% of income taxes collected and not returned. You can look it up and see who pays most of the taxes. It isn't poor people who often get back more than they pay in. It's not even the middle income folks. In fact people making less than 100K to 50K a year pay about 14% of taxes collected. 30 to 50K pay about 4% and less than 30K pays a whopping 1.4%. The 0.1% who make more than 2 million a year pay 20% of income taxes collected while the 0.8% making between 500K and 2 million pay 17%. Those making between 200K and 500K pay 20.6%.
Last time I looked ALMOST EVERYONE got a tax break. But if I cut taxes 10% and you pay 100 a year you save 10 bucks. The guy who pays a million a year get the same 10%. So you pay 90 and he still pays 900,000. Yea it's fair. It's the same percentage.
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Today's Featured Article - What Oil Should I Use? - by Francis Robinson. I keep seein this question pop up over and over again in discussion groups all over the web. As with many things there are often several right answers and a few wrong ones. Some purist I'm sure will disagree to no end with what I will tell you but most of us out here in the real world don't really care do we ? Some of them only bring their noses down out of the air long enough to look down them anyway. If you are like me you are only doing this old tractor stuff because you enjoy it. You
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