> just inconceivable.
Unless the primary goal was to transfer tax dollars from the unwashed to the privileged.
Unless the primary goal was to transfer tax dollars from the unwashed to the privileged.
Edit: Heck, according to the IRS, in 2013 the bottom 20% paid -1.6% (negative 1.6%) of total income tax collected! I assume that's because of the EITC.
A good rule of thumb is all state & local taxes paid generally work out to about 1/5th of your mortgage/rent cost. But that's also not funding the F-35. (neither are payroll taxes)
[1] - http://www.taxpolicycenter.org/numbers/displayatab.cfm?DocID...