[Harold7]

EndobioticChaos

I didn't really understand the logic originel used in that post... if I'm taxed at a 40% rate and make 1,000,000, how can I be paying less than someone paying taxes at a 10% rate?

The fact that the poor spend most of their money on cost of living is just a fact of existence for those who are poor... that's what makes them poor, the rich didn't steal their money (no matter what the Democrats imply) and the fact that they have discretionary income to invest is what creates the jobs the poor have.

I don't know why you think investing is not taxed, ever hear of capital gains taxes, taxes on dividends and interest?

The poor not only don't pay income taxes (they're withheld, but they get it all back) most also qualify for the EITC which is basically free money for them.

If you also consider the dollar value of all the social services federal, state and local governments give to the poor, you could total up those dollar equivalents with the EITC and any income tax refund and you'd find that the "poor" are actually doing very well... in many cases better than the middle class who don't qualify for all those benefits, but get to pay for them through taxes.