{"id":189340,"date":"2010-04-15T09:37:00","date_gmt":"2010-04-15T14:37:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/04\/15\/the-poor-dont-pay-taxesmy-ass\/"},"modified":"2010-04-15T09:37:00","modified_gmt":"2010-04-15T14:37:00","slug":"the-poor-dont-pay-taxesmy-ass","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/04\/15\/the-poor-dont-pay-taxesmy-ass\/","title":{"rendered":"The Poor Don&#8217;t Pay Taxes\u2026\u2026\u2026My Ass!"},"content":{"rendered":"<div style=\"border: 1px solid black; margin: 0px 10px; padding: 5px; width: 400px; float: right; text-align: center;\">Click for full size<\/p>\n<hr \/>\n<p><a href=\"http:\/\/img44.imageshack.us\/img44\/9315\/taxesalreadyflat8856268.gif\"><img decoding=\"async\" src=\"http:\/\/img44.imageshack.us\/img44\/9315\/taxesalreadyflat8856268.gif\" bordercolor=\"white\" border=\"0\" width=\"390\" \/><\/a> <span style=\"font-style: italic;\">Yeah, right, only the <a href=\"http:\/\/thefactofmyignorance.com\/politics\/some-historical-perspective-for-tea-partiers\/\">rich pay all the taxes<br \/><\/a><\/span><\/div>\n<p>The latest right wing meme is that 47% of the population pay no taxes.<\/p>\n<p>Of course, it&#8217;s not true, though it is true that that number owe no <span style=\"font-weight: bold;\">federal income tax<\/span>, but the <span style=\"font-weight: bold;\">do<\/span> owe significant amounts of Social Security, Medicare, and state and local taxes.<\/p>\n<p>As this handy, dandy chart shows, it&#8217;s simply not true, and my guess would be that if this were broken up into deciles, as opposed to quintiles, that the top 10% would pay even less, since they are above the social security cutoff, and get far more of their income in capital gains and dividends.<\/p>\n<p>Warren Buffet once noted that his receptionist paid a greater percentage of her wages in taxes than he did, and that still holds true.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Click for full size Yeah, right, only the rich pay all the taxes The latest right wing meme is that 47% of the population pay no taxes. Of course, it&#8217;s not true, though it is true that that number owe no federal income tax, but the do owe significant amounts of Social Security, Medicare, and &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1051,978,992,983],"tags":[],"class_list":["post-189340","post","type-post","status-publish","format-standard","hentry","category-hypocrisy","category-politics","category-statistics","category-taxes"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/189340"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=189340"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/189340\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=189340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=189340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=189340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}