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 - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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