A repository for Marcospinelli's comments and essays published at other websites.

Occupy Wall Street Protests Spread To Europe, Asia

Saturday, October 15, 2011


1) The top 1 percent of taxpayers paid 40.4 percent of the total income taxes collected by the federal government — the highest percentage in modern history — while the top 1 percent paid 24.8 percent of the income tax burden.

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You're the one talking about income taxes versus total taxes paid as a percentage of one's income.  What percentage of the total income does the top 1 percent make? (95 percent)  Who has the disposable income?  And who isn't disposing of that income to keep the economy operating?  

I love (NOT) the use of the word "burden" to describe what could accurately be described as a bargain basement price for making out like bandits at the expense of 99% of everyone (and not get murdered in their beds whilst they sleep).  

A healthy, vibrant, well-funct­ioning United States comes at a cost, and it costs what it costs.  If the price of building roads and bridges for you to get your goods to market in order to put you in that top 1 percent is $1 million and all you're paying is $400,000, you're not paying enough.   

For the past several decades, conservati­ves have been underminin­g that functionin­g through a variety of methods, one being a shell game (or Hide-the-P­ea) by shifting the tax "burden" from the federal government to state government­s.  Another is the underminin­g of the other 99%'s purchasing ability (declining real wages, cutting public education, etc.)
Read the Article at HuffingtonPost

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