"Americans earning six figures or more paid 79.5 percent of the nation’s share in individual income taxes in 2014, according to the latest preliminary data from the Internal Revenue Service"
The astounding part of this entire scenario of 'taxation without representation' is that this tax burden is paid by 16% of the working population.
Is there a solution to who pays and who doesn't? Probably not. The non-payers will scream out, "stick it to 'em. The rich bastards deserve what they get for being so greedy". And, of course, the liberal congress will side with the welfare class to keep their votes.
In reality six figure incomes in today's climate isn't all that special. If one considers real wages versus cost of living increases there's a tremendous downside. Young folks, raising kids who make 100,000K are in many cases struggling. Trust me when I say I know about this.
So, let's bring on the Fair Tax. Everyone pays their fair share. I can already hear the naysayers screaming if they had to fork over twenty bucks a year.
There'd be mayhem in the streets.
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