If we’re going to let our companies send our work offshore, we need to change our tax system
This post was written by vbierschwale on November 4, 2009
Posted Under: Wages from 1948 to 2008,Where does our money come from?
Posted Under: Wages from 1948 to 2008,Where does our money come from?
If you’ve been following my work on wages, you’ve seen the rise and fall in our wages all over America.
If you haven’t, you can get up to speed by clicking here
You may also be interested in seeing where we get the money to run America from.
You can find that by clicking here
In 2007 we had the following taxes filed:
- Working Poor – 1,614,563,380,900
- Middle Class – 2,210,446,241,000
- Rich – 4,640,225,550,000
This is $8,465,235,171,900.00
In 2008 our government received 2,524,000,000,000.00 from its various sources
Now if we charged the following tax rates, we could do away with all of those tax sources and make the tax burden fair to all:
- 15% – Working Poor – $242,184,507,135.00
- 25% – Middle Class – $552,611,560,250.00
- 35% – Rich – $1,624,078,942,500.00
This would bring in $2,418,875,009,885.00
It is something to think about.
If you agree, call or write your representatives.