Below, I posted the entire chart on taxes collected versus position in taxpayers. From: jim bell From: juan On Mon, 21 Nov 2016 18:11:11 +0000 (UTC) jim bell <[1]jdb10987@yahoo.com> wrote: >> > Steve Kinney <[2]admin@pilobilus.net> >> > In the United States, 500 >> > billionaires presently own about 1/2 of the capital assets; >> Did they obtain them legally or illegally? > Do you have to ask? Yes, I DO have to ask. Chalk it up to my not being PC. Sorry if that microagression offends the snowflakes. >Basic political economy What is "political economy"? Are you simply talking about economics? Remember, I'm a LIBERTARIAN. I believe "taxation is theft". This means that I don't automatically accept the idea that government is somehow entitled to rob people of their assets and income. > and natural rights theory should inform you...But the answer is, for the record, ILLEGALLY. What is "natural rights theory". At least, how do "natural rights" somehow allow a system (American, for example) of taxation that didn't exist for 99% of world history? Doesn't sound too 'natural' to me. > If illegally, enforce the > law. If legally, change the laws if necessary. I'm not really following. Why should libertarian anarchists bother with state legislation? Despite being a libertarian anarchist, I can engage in discussions which do not assume that libertarian anarchy exists or is proper. For example, I can consider the existing political system, and discuss various improvements to it, ones short of actually implementing libertarian anarchy. Properly used, brains can do things like that. > That doesn't mean that 'restitution' by means of taxes makes > much sense either. Obviously the state, whose purpose is to TAX > THE POOR and give the money to the RICH is not going to do the > opposite. If the job of the government is to "tax the poor", it isn't doing an especially effective job. As I previously cited, " "The Top 50 Percent of All Taxpayers Paid 97 Percent of All Income Taxes; the Top 5 Percent Paid 57 Percent of All Income Taxes; and the Top 1 Percent Paid 35 Percent of All Income Taxes in 2011" Assuming you agree that "the poor" inhabit the region "the bottom 50 percent of all taxpayers", then those "poor" are only paying 3% (100%-97% = 3%) of the total Federal taxes collected. That's not very effective "tax the poor" results, is it? If "the poor" are those in the bottom 10% of taxpayers, then the statistic (which I don't have) would probably be even more extreme. Looks to me if they are trying to CONCEAL their taxing the poor, they are doing an excellent job. But then again, if you are content with simply inventing reality, such statistics aren't much of an impediment. Jim Bell BTW, I decided to post the entire chart, here: [3]http://taxfoundation.org/article/summary-latest-federal-income-tax-d ata It isn't clear whether the "bottom 50% of taxpayers" include, or do not include, people who don't file Federal income tax returns. But one thing is quite obvious: "The poor" are hardly taxed AT ALL, at least on the Federal level. [4]× (BUTTON) (BUTTON) Table 1. Summary of Federal Income Tax Data, 2011 Number of Returns* AGI ($ millions) Income Taxes Paid ($ millions) Group's Share of Total AGI (IRS) Group's Share of Income Taxes Income Split Point Average Tax Rate All Taxpayers 136,585,712 8,317,188 1,042,571 100% 100.0% Top 1% 1,365,857 1,555,701 365,518 18.7% 35.1% > $388,905 23.5% 1-5% 5,463,429 1,263,178 223,449 15.2% 21.4% 17.7% Top 5% 6,829,286 2,818,879 588,967 33.9% 56.5% > $167,728 20.9% 5-10% 6,829,285 956,099 122,696 11.5% 11.8% 12.8% Top 10% 13,658,571 3,774,978 711,663 45.4% 68.3% > $120,136 18.9% 10-25% 20,487,857 1,865,607 180,953 22.4% 17.4% 9.7% Top 25% 34,146,428 5,640,585 892,616 67.8% 85.6% > $70,492 15.8% 25-50% 34,146,428 1,716,042 119,844 20.6% 11.5% 7.0% Top 50% 68,292,856 7,356,627 1,012,460 88.5% 97.1% > $34,823 13.8% Bottom 50% 68,292,856 960,561 30,109 11.55% 2.89% < $34,823 3.13% *Does not include dependent filers. References 1. mailto:jdb10987@yahoo.com 2. mailto:admin@pilobilus.net 3. http://taxfoundation.org/article/summary-latest-federal-income-tax-data 4. file:///var/lib/mailman/archives/private/cypherpunks/attachments/20161121/b2e4b4c9/attachment-tmp.html