Sunday, November 2, 2008

BHO & Biden label their base as unpatriotic & selfish

With the politicians throwing around slogans on the US tax system and tax payers, the Internal Revenue Service's own numbers illustrate which income bracket pays what percentage of the US tax burden. The following table is based on IRS 2004 income and tax burden data.

BREAKDOWN OF INCOME AND TAXES PAID BY CATEGORY

Income Category 2004 AGI % all income % taxes paid
============= ============ ========== ==========
Top 1% Over $328,048 19% 37%
Top 5% Over $137,500 33% 57%
Top 10% Over $99,111 44% 68%
Top 25% Over $60,040 66% 85%
Top 50% Over $30,121 87% 97%
Bottom 50% Under $30,121 13% 3%
Source: IRS

So if it is patriotic TO PAY taxes, according to Joe Biden, then the top 10% of income earners are by far the most patriotic.

If it is selfish TO NOT PAY taxes as BHO said on Halloween (see previous post), then the bottom 50% need to change their selfish ways.

In other words, be careful how to frame the issue and what labels you think you are using to call-out your opposition, it may just backfire as these labels clearly indicate it has done to the Democratic nominees.

By their own words, both Biden and BHO just called their typical political base both unpatriotic and selfish.

OOPS!

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