Quote Originally Posted by GeoFisher View Post
Doubled to 11%.......that is 29% LESS than you stated..............I still am IMPRESSED with your math skills.

Later,

Geo
ok im gonna explain this one more time--please pay careful attention

the top 1% paid around 5% in STATE and LOCAL TAXES--the bottom 20% paid around 11%

the folks who dont pay "any taxes" according to the right pay an OVERALL EFFECTIVE TAX RATE of 40% give or take a few points

im pretty sure there is a big difference between OVERALL EFFECTIVE TAX RATE and just STATE AND LOCAL TAXES

poor folk pay same percentage of their income to uncle sam as the rich folk do

basically were all paying a flat tax of 40%