Do You Want To Be Rich?

Are you sure about your answer?

After all the Government seems determined to tax those who are doing a little better than others out of existence. And we already pay the lion’s share. Read this:

Top 10 Percent of Earners Paid 71 Percent of Federal Income Taxes

Top earners are the main target of tax increases, but the federal income tax system is already highly progressive. The top 10 percent of income earners paid 71 percent of all federal income taxes in 2010, though they earned only 45 percent of all income. The bottom 50 percent paid 2 percent of income taxes, but earned 12 percent of income.

See all the details in the full article:

http://www.heritage.org/federalbudget/top10-percent-income-earners

 

And why are they doing this? Is it to get more revenue? Not really, because the truth is the higher the tax rate is the LESS tax $$$$ is collected. Read about that in my article and the attached video here.

 

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