Guess what Russ? The rich will still wind up paying over 50% of income taxes collected and not returned. You can look it up and see who pays most of the taxes. It isn't poor people who often get back more than they pay in. It's not even the middle income folks. In fact people making less than 100K to 50K a year pay about 14% of taxes collected. 30 to 50K pay about 4% and less than 30K pays a whopping 1.4%. The 0.1% who make more than 2 million a year pay 20% of income taxes collected while the 0.8% making between 500K and 2 million pay 17%. Those making between 200K and 500K pay 20.6%.
Last time I looked ALMOST EVERYONE got a tax break. But if I cut taxes 10% and you pay 100 a year you save 10 bucks. The guy who pays a million a year get the same 10%. So you pay 90 and he still pays 900,000. Yea it's fair. It's the same percentage.
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Today's Featured Article - George's Fordson Major - by Anthony West (UK). This is a bit of a technical info to add on to the article about George's Major in the "A Towny Goes Plowing" article. George bought his Major from a an implement sale about 18 years ago for £200.00. There is no known history regarding its origins or what service it had done, but the following work was undertaken by Harold alone to bring it up to show standard. From the engine number, it was found that the major was produced late 19
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