Posted 5 years ago on Jan. 6, 2012, 5:17 p.m. EST by bill1102inf2
This content is user submitted and not an official statement
A person who makes around 1.5 million per year gets $100,000.00 dropped into their bank account every single month.
Another person gets $1000 per month dropped into their bank account.
Scale this anyway you want. The real 1% get literally MILLIONS dropped into their accounts every single month, so its even worse, they pay even less real taxes.
Person A gets $100,000.00 and registers a motor vehicle in Florida. He pays $495.00 for new registration for two years and new Vehicle plates. Thats .05% of his money being paid in taxes.
Person B gets $1,000.00 and registers a motor vehicle in Florida. He pays $495.00 for new registration for two years and new vehicle plates. Thats 50% of his money being spent on 'taxes'.
Change out vehicle registration with car insurance, health insurance, life insurance, electricity, gasoline, all Food purchases, clothing, communication, and heck even Tobacco and Alcohol.
Remember, that the cost of these things has a huge % of imbedded tax along with the imbedded profit. Of course the profit part goes straight to the 1% but thats another article.
Through QE1/2, dollar debasement, debt it money cronyism, the FED, etc "Inflation" has occured, not accidently, but planned (by the 1%).
Every dollar over $1.00 you pay for gasoline is an effective tax. Work it out for insurance, food, clothing, cars, and practically everything else.
As history has gone forward, due to advances in manufacturing, processes, computers, etc etc. prices should have gone DOWN. AND THEY DID!!!!! The true cost has gone down, but the profit and 'taxes' have gone up.
Federal Income Tax is NOTHING in the grand scheme of things, and I do not care how much the Rich supposedly pay into it. The Richest pay NOTHING of material value into Federal Income Tax. The poor and middle class pay 100's of time more $$$$ in total taxes than any of the rich.
Those "Federal Income Taxes" the 'rich' pay so much of??? 100% of that money is made off of and from the poor and middle class.
And they have NOTHING left, unlike the Rich, who have plenty.