I read an interesting article a few days ago written by T.J. McCormack titled ‘Hey, 99 Percenters, You Call This Fair?’. According to McCormack the New York City Independent Budget Office released some staggering information about the city’s tax information.
McCormack writes, “New York City has a little more than eight (8) million residents. Of those many millions, one percent – that’s 1% - pays 43 percent of the income taxes. You know how many people that works out to? About 35,000 people.”
He continues, “Another kick in the head is that ten percent of New Yorkers pay 71 percent of the taxes. Guess how much it takes to crack that ten percent? You don’t have to be one of the millionaires or billionaires whom the Divider in Chief loves to vilify. You need not be an evil fat cat making $200,000.00 – perish the thought! What’s it take to crack the top ten percent in the most expensive city in America? $105,000.00. Yep, a buck five.”
Again, I have to wonder how much longer the taxpayers of this country are going to continue to foot the bill of those capable of sharing the load to live in this great nation? I tend to agree with McCormack’s closing remarks in his article.
“The time has come to finally poke holes in the rhetoric of the Occupy rabble. It is time to pull back the curtain on leftists who seek to pit American vs. American in a class war under the false pretense of fairness. It is time to silence the ugliness of envy. It is time to shame the selfishness and hatred of the American Left, starting with the election of a new president…That would make me fairly happy.”