http://www.creditwritedowns.com/2009/12/john-mauldin-thoughts-on-the-statistical-recovery.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 http://www.creditwritedowns.com/2009/12/john-mauldin-thoughts-on-the-statistical-recovery.html#comment-57772 Edward Harrison Tue, 15 Dec 2009 12:50:00 +0000 http://www.creditwritedowns.com/2009/12/john-mauldin-thoughts-on-the-statistical-recovery.html#comment-57772 There is truth in that, but the wealthiest have always paid more taxes, it's the tyranny of the math. The more you make, absent loopholes, the more you pay in taxes. There is truth in that, but the wealthiest have always paid more taxes, it’s the tyranny of the math. The more you make, absent loopholes, the more you pay in taxes.

]]> http://www.creditwritedowns.com/2009/12/john-mauldin-thoughts-on-the-statistical-recovery.html#comment-57756 jeff Sat, 12 Dec 2009 15:31:00 +0000 http://www.creditwritedowns.com/2009/12/john-mauldin-thoughts-on-the-statistical-recovery.html#comment-57756 Are you sure the reason "The data clearly shows the wealthiest 20% are paying significantly more of the total taxes paid" is not because the middle class has fallen off the map, as evidenced by the huge unemployment rate (U6 over 17%) coupled with falling wages? Have a look at tax receipts of the States. Are you sure the reason “The data clearly shows the wealthiest 20% are paying significantly more of the total taxes paid” is not because the middle class has fallen off the map, as evidenced by the huge unemployment rate (U6 over 17%) coupled with falling wages? Have a look at tax receipts of the States.

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