Day: November 29, 2011
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Taxation in America
The top 1% of U.S. taxpayers pay 38% of all individual federal taxes. The top 10% pay 70% of all taxes, The top 25% pay 86% The top 50% pay 97%. The Bottom 50% of the population pay only 3% of Federal Income Taxes. Is this what you call Fair Taxation? In Fact, I…