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The table below shows how much in taxes is paid by each wage earning group. It is obvious to see that the principal purpose of government is to redistribute the wealth which is an idea first applied by Karl Mark and Leon Trotsky without much success.

This is the absolute latest data. The IRS is on the job. AGI is Adjusted Gross Income.

2004 IRS Collections Data
 
Number of
Returns
(000)
AGI
(000,000)
Income
Taxes
Paid
(000,000)
Group's %
Share of
Total AGI
Group's %
Share of
Total Taxes
Group's
Avg. Tax
Rate (%)
Income
Floor for
Group
All
Taxpayers
130,371
6,875,123
831,890
100.00
100.00
12.10
(NA)
Top 1%
1,304
1,306,417
306,902
19.00
36.89
23.49
328,049
Top 5%
6,519
2,299,595
475,224
35.45
57.13
20.67
137,056
Top 10%
13,037
3,049,275
567,273
44.35
68.19
18.60
99,112
Top 25%
32,593
4,546,401
705,915
66.13
84.86
15.53
60,041
Top 50%
65,186
5,952,781
804,471
86.58
96.70
13.51
30,122
Bottom 50%
65,186
922,342
27,418
13.42
3.30
2.97
(NA)

 

What is a billion?

The next time you hear a politician use the word "billion" in a casual manner, think about whether you want the "politicians" spending your tax money.

A billion is a difficult number to comprehend, but one advertising agency did a good job of putting that figure into some perspective in one of its releases.

a. A billion seconds ago it was 1959.
b. A billion minutes ago Jesus was alive.
c. A billion hours ago our ancestors were living in the Stone Age.
d. A billion days ago no-one walked on the earth on two feet.
e. A billion dollars ago was only 8 hours and 20 minutes, at the rate our government is spending it.

While this thought is still fresh in our brain, let's take a look at
New Orleans. It's amazing what you can learn with some simple division.

Louisiana Senator, Mary Landrieu (D), is presently asking the Congress for $250 BILLION to rebuild New Orleans. Interesting number, what does it mean?

a. Well, if you are one of 484,674 residents of New Orleans (every man, woman, child), you each get $516,528.
b. Or, if you have one of the 188,251 homes in New Orleans, your
home gets $1,329,787.
c. Or, if you are a family of four, your family gets $2,066,012.

Washington, D.C .. HELLO!!! ... Are all your calculators broken??

This is too true to be very funny

Tax his land,
Tax his wage,
Tax his bed in which he lays.

Tax his tractor,
Tax his mule,
Teach him taxes are the rule.

Tax his cow,
Tax his goat,
Tax his pants,
Tax his coat.

Tax his ties,
Tax his shirts,
Tax his work,
Tax his dirt.

Tax his tobacco,
Tax his drink,
Tax him if he tries to think.

Tax his booze,
Tax his beers,
If he cries,
Tax his tears.

Tax his bills,
Tax his gas,
Tax his notes,

Tax his cash.
Tax him good and let him know
That after taxes, he has no dough.

If he hollers,
Tax him more,
Tax him until he's good and sore.

Tax his coffin,
Tax his grave,
Tax the sod in which he lays.

Put these words upon his tomb,
"Taxes drove me to my doom!"

And when he's gone,
We won't relax,
We'll still be after the inheritance TAX!

Taxes that people pay every day:


Accounts Receivable Tax
Building Permit Tax
Beer tax
CDL License Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel Permit Tax
Gasoline Tax
Hunting License Tax
Inheritance Tax
Inventory Tax
IRS Interest Charges (tax on top of tax),
IRS Penalties (tax on top of tax),
Liquor Tax,
Luxury Tax,
Marriage License Tax,
Medicare Tax,
Property Tax,
Real Estate Tax,
Service charge taxes,
Social Security Tax,
Road Usage Tax (Truckers),
Sales Taxes,
Recreational Vehicle Tax,
School Tax,
State Income Tax,
State Unemployment Tax (SUTA),
Telephone Federal Excise Tax,
Telephone Federal Universal Service Fee Tax,
Telephone Federal, State and Local Surcharge Tax,
Telephone Minimum Usage Surcharge Tax,
Telephone Recurring and Non-recurring Charges Tax,
Telephone State and Local Tax,
Telephone Usage Charge Tax,
911 Tax
Utility Tax,
Universal Service Fee Tax,
Vehicle License Registration Tax,
Vehicle Sales Tax,
Watercraft Registration Tax,
Well Permit Tax,
Workers Compensation Tax
.

COMMENTS: Not one of these taxes existed 100 years ago and there was prosperity, absolutely no national debt, the largest middle class in the world and Mom stayed home to raise the kids.
What the hell happened????? Big government happened, that's what.

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