The Yoke

In case you were wondering...

[The Tax Foundation] find that America's lowest-earning one-fifth of households received roughly $8.21 in government spending for each dollar of taxes paid in 2004. Households with middle-incomes received $1.30 per tax dollar, and America's highest-earning households received $0.41. Government spending targeted at the lowest-earning 60 percent of U.S. households is larger than what they paid in federal, state and local taxes. In 2004, between $1.03 trillion and $1.53 trillion was redistributed downward from the two highest income quintiles to the three lowest income quintiles through government taxes and spending policy.

It still ain't fair... the poor hardly pay any taxes!

Read all here.

We're from the government, and here to help. Posted by AlexC at March 25, 2007 10:55 PM