The middle class do not pay more in taxes than the 1%, but that is also an unfair comparison anyways regardless of which side presents it as you will see the numbers considered within the middle class stretched or deflated to make whatever point you want with them and when using such an abstract description it can only be considered rhetoric.
I used the IRS stats for 2009 to catagorize which income brackets paid what amount of taxes. These stats are neither "abstract", "stretched" nor "deflated"; they represent the raw data. Using such unsupported hyperbole as "abstract", "stretched" or "deflated" to inaccurately detract from the mathematical result of IRS data is, however empty rhetoric.
OWS does not represent the 99% who are not within the top 1% and you well know this.
How are you determining what I do and do not know? The Occupy Wall Streeters claim to represent the 99% rather then the 1%. I'm not sure why the wealthier 1% would camp out in tents and risk arrest unless as a diversionary tactic, ('they went thatta way - git 'em!')? Any theories?
They take a position of being anti 1% so as to present the illusion that they are the other 99% but they are not. Mostly they are the 46% who pay no taxes and a mixture of some of the 1% who have a vested interest in seeing Democrats reelected (did you ever do any research to see how many of the 1% support OWS and start to wonder what is really going on here?).
How do you know this; have you got any reliable source references for these assertions?
Given that in 2005 at least, (I haven't seen data for the more recent years since), 73% of the total taxes collected were from the 99%ers who are footing most of the bill for government spending. Whereas the 1% who pay 27% of collected taxes seem to have a much greater effect upon political policies related to taxation and 'pork barrel' projects than the working slob.
[/quote]
Over 46% of those 99% are taking out more than they are putting in and when we present that 99% in a truer light your illusion begins to fade.
Your undefined sources for this 46% notwithstanding, you brought up getting more out than being paid in taxes. I also noted that in regards to "pork barrel" projects kicking billions in tax-payer money back to the larger corporations employing PACs. It's not clear whether the 'pork' outpaces the 'entitlement' programs however, the 99% do pay more in taxes than the corporations utilizing tax write-offs, loopholes, restructuring, goverment subsidies/fat pork barrel contracts and other dodges in order to pay as little taxes as possible.
There actually were about 94,500 millionaires who paid a smaller share in taxes than the next lower 10 million people, but did the pay less in taxes? No, they didn't and these 94,500 also didn't draw a paycheck and made their money strictly by investing ...
Capital gains are taxed as income, whether the earner draws a paycheck or not. So, you are conceding that 94,500 millionaires who make their money investing, (in anticipation of capital gains, or losses which can be written-off), paid less the the next tax bracket of 10 million people, (and less than the larger brackets below this, by extension). Before you demure, I'm using your own statement above to discern this.
Don't lay this at the feet of Republicans, it is all of them and congress expects these wealthy to provide the basis for jobs and most certainly has tried many ways to encourage them to invest in the economy.
Actually, there are wealthy republicans and wealthy democrats - both seek to shield their wealth and that of their wealthy supporters.
Remember, this is money the rich already have and if you want them to gamble it back into the economy you are going to have to make certain assurances that they will not be penalized for doing this. Would you rather them just keep all their money and not invest it? To put it another way, would you loan me $50,000 with the agreement that if I lose it I owe you nothing, but if I make a profit I owe you 20% of that profit? How about if you had to pay 60% in taxes on the 20% of profit you might make? I bet neither of those sounds like a very good deal to you but yet the first is basically what these investors do today and the later is what the OWS movement want.
In a market-driven economy, there are no ironclad assurances for returns on investmenting in "the economy", (such as rehiring laid-off employees). However, if those companies sitting on billions of dollars would 'invest' some of it in hiring people in large numbers, those people would spend some of that income, (putting it back into the economy and into corporate pockets by inclusion). This is a basic economic principle and why it escapes the unltra-conservative CEOs escapes my extrapolations, (of sure, they could be dumb, greedy, short-sighted or any number of less flattering descriptors but, I have only circumstantial data to support such theories).