Quote:
Originally Posted by dynalow
From IRS 2006 statistics.
Returns filed = 106,658,744
95% would equal 101,325,835 returns.
The "top 5%" would mean the highest 5,332,939 filers.
The number of returns filed with AGI over $200,000 was 3,116,220.
The top 5%, therefore, would extend to about 2.2 million taxpayers having AGI less than $200,000.
Just going strictly by the numbers. 
http://www.irs.gov/pub/irs-soi/06in35tr.xls |
I believe Obama said that those making 2.2million would not see a change. No cut, no increase.
These tea parties are clearly partisan. This is hardly the first administration to spend more than it takes in. If the deficit was such a big deal to these people, the tea parties would be in their 8th year. If tax increases were such a big deal, we would've seen them in '91, '92.
I worked last year as a cabinetmaker. Hourly wage. I paid a bigger percentage of my income than some top 5% families I know.