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“Give a Man a Fish, Feed Him for a Day . . .

Posted by Larry Doyle on October 21st, 2008 7:00 AM |

. . . TEACH A MAN TO FISH, FEED HIM FOR A LIFETIME!”

While there are so many issues being debated during this election, it seems clear to me that the relative merits of our current tax system as highlighted by “that one’s” interaction with “Joe the Plumber” will carry the day.

Amidst all the rhetoric and spin that is giving me a headache, I thought it may be helpful for all of us to take a deep breath and merely “review” some data so that we can make as informed and thoughtful a decision as possible.

Let’s lay out some data that I collected from a variety of reputable sources (Kiplingers, U.S. Census Bureau, WSJ) and then go from there. To be fair, the numbers are taken from the last few years but for our argument here, the big picture will be very much in focus.

BREAKDOWN OF INCOME AND TAXES PAID BY CATEGORY (more…)






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