Statistics for tax year 2007 have just been released.
The numbers show that the bottom 50% of all
income-earners paid only 2.9% of all taxes paid.
That begs the question: How much further
can you actually reduce a mere 2.9%?
The top 5% (no, not 50% -- just 5%!) of all income
earners paid-in 60.6% of all taxes.
That begs the question: Just how much more
can we "soak the rich" without totally taking away
any incentive to get rich?
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About Me
- Dr.Ron Mueller
- Ronald R. Mueller, MBA, Ph.D., has had highly successful careers as a Senior Naval Officer, a top executive in Corporative America, a popular University Professor, and an accomplished Investigative Journalist. But today he is best known as the author of the best-seller, “Home Business Tax Savings MADE EASY!” – the only ‘plain English’ guide to substantial tax breaks available to owners of small and home-based businesses. It’s available at his web site, www.HomeBusinessTaxSavings.com. Ron Mueller is one of the nation’s leading authorities on small and home-business tax law, and he has an incredible gift for being able to decipher complicated IRS Tax Code, Government Legislation and Federal Tax Court Rulings, and then put it all into “Plain English” that the average person can easily understand and quickly put to use. His books, newsletters, seminars and presentations are focused on helping average Americans learn how to reduce their taxes to the legal minimum. He lives in San Diego, CA aboard his 60' yacht appropriately named "Home Office."