Can someone supporting McCain please explain something to me.

Discussion in 'Politics' started by The Kin, Jul 27, 2008.

  1. ===================
    Good points. TN,FLA has no icome tax;
    but TN has a big food /retail tax of over 10%.But no tax on services, like a legal tax.

    TN gives tax breaks to farm supplies[no sales tax on seeds].

    But of course you get more tax revenue , when you cut taxes. Everybody went accross the state line to buy tobacco, because TN has big cig/tobacco taxes.

    :cool: And of course many larger cities have lost revenue on their high RE taxes/excessive gov control; people simply move to the county, so lower taxes help the county, just as higher city property taxes cut [lowered] the city revenue.
     
    #41     Jul 29, 2008
  2. Arnie

    Arnie

    The top 10% of earners pay over 70% of all income taxes. The bottom 50% pay just under 3% of all income taxes.

    Not only that, but 43 million americans with postive AGI pay no income taxes and some even receive "refunds".

    http://www.taxfoundation.org/publications/show/250.html
     
    #42     Jul 29, 2008
  3. Income tax is only part of the tax burden.
     
    #43     Jul 29, 2008