Lots of charts about American wealth

[rocketpig]

mrstickball said:

Whats funny is that they show the effective tax rate for the super-rich, but never state how much they actually pay in taxes by comparison to any other group.

Of course, God forbid they show anything to be balanced. They pick and chose what charts to show so they could argue that we need to soak the rich more, rather than provide a balanced analysis about both incomes and taxes. 

Where's the chart that shows the top 1% paying a majority of income taxes?

Where's the chart that shows that the Regan and Bush tax cuts forced the rich to pay a higher percentage taxes to the government that before the cuts?

The only thing that chart told me was that payroll taxes are crazy in America, and need destroyed. They are why your average family is getting killed. Funny, they don't mention anything about payroll taxes, despite they have increased 4-fold since the 50s.

Stickball, while the rich pay more in taxes, they're making FAR more money overall so they're still gaining ground (not to mention that their tax percentage is a little over half what it was 50 years ago). Who cares what total amount the rich are paying when it's obvious that they're the ones benefitting from slackening tax rates for the top few percent since the 50s? Look at those percentage charts. The top two are steadily increasing (with the top being nauseously so) while the "average American" is barely treading water or, in most cases, heading in reverse.

Trickle down economics was a farce that hoodwinked the American public into believing in a system that has been outright screwing them for 25 years. While few use the phrase itself anymore, it's obvious that the political system is still in place that upholds this ridiculous notion.

While Mother Jones likes to pick on Reagan and Bush about this, Clinton and Obama haven't exactly been pillars of the average American worker, either. No matter who is in power, the middle class continues to get screwed by the super-rich and their ability to control politicians, not to mention the politicians themselves, who are often in the super-rich category.