Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

L. Coyote

(51,134 posts)

3. On income. What is needed is a more comprehensive consideration

Reply to marmar (Original post)

Tue May 15, 2012, 09:31 AM

May 2012

so the entire tax burden is shown. What percentage of total income is actually spent on taxation would be the best metric. Poor people spend a higher percentage of income on sales and gas taxes, for example, so does this go up or down when the entire financial accounting is considered?

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

7 replies

= new reply since forum marked as read

Highlight:

America's maligned, oppressed, overtaxed wealthy (chart) [View all] marmar May 2012 OP

Except that it's only 15% on long-term capital gains. dawg May 2012 #1

yep... those numbers are only for W2 earnings tk2kewl May 2012 #4

35% on income from one's OWN labor; 15% on income from another's labor; ... TahitiNut May 2012 #6

I wish we could pin this to the top of the forum. Starry Messenger May 2012 #2

+1 nt TBF May 2012 #7

On income. What is needed is a more comprehensive consideration L. Coyote May 2012 #3

Anybody got the corresponding chart for capital gains rates??? Scuba May 2012 #5