Do your own research
It is no secret that I am following this political season very closely. It is also pretty obvious that I have no love for either candidate but with McCain I can respect and follow, Obama - and a possible super majority of Dems in Congress just scares the crap out of me. Consider the following: (see chart at the bottom)

For those of you who want to "help the poor" and would willingly accept to pay more to help those less fortunate take another look at that chart below. The top 24% of our country where most upper middle class and above fit, pay over 85% of the taxes, and if you add in all the sales taxes, property taxes, and luxury taxes then that amount grows dramatically. Most of the people I know fit between the 50% and 24% bracket. We pay most of the rest of the 15%. The lower 50% do not have a burden when it comes to taxes, and considering many of these same people do not own expensive cars and houses they do not pay much (if any) of the hidden tax burden. It is amazing how our country can continue to run when we basically allow the waiter to place the check for dinner in front of the "richest few" after we just got done dinning on lobster and the best caviar while getting a foot massage and being serenaded by an Italian tenor. People bitch everyday about jobs moving overseas. I suggest that those same folks ask what will happen when we punish those who own, fund, and run these companies. Even more, consider this; how much longer do you think they will stick around. I will be honest with you. There are places overseas that are just as good as back here in the good ol' USA, and where there is not a lynch mob wearing red starson thier lapels, a copy of Mao's little red book in thier hip pocket, carrying torches and a noose, led by Nancy Pelosi, Maxine Watters, Harry Reed, Bernie Sanders, Barby Frank, and Ted Kennedy all wafting for the moment that Barry O raises his hand in January and begins "I swear to support and defend the constitution..." at that moment our country will die just a little and we may never get it back.


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Percentiles Ranked by AGI
AGI Threshold on Percentiles
Percentage of Federal Personal Income Tax Paid
Top 1% $388,806 39.89
Top 5% $153,542 60.14
Top 10% $108,904 70.79
Top 25% $64,702 86.27
Top 50% $31,987 97.01
Bottom 50% <$31,987 2.99
Note: AGI is Adjusted Gross IncomeSource: Internal Revenue Service