MikeyPI: [snip] So you wish to stand by those numbers then go ahead.
Ok, I'll trust the _Minister of Finance_ over a person on a forum who admitted a few posts up to leaving school at 15.
One last thing from the Economist article (which I disagree with their findings but not their data)
"According to the OECD, a think-tank, the top 10% of earners contribute about a third of total tax revenues—28% in France, 31% in Germany and 42% in Italy. Rich Britons pay about 39% of total taxes while America’s wealthiest households contribute a larger share to government than in any other OECD country, at 45%. "
But old Bill said they pay 70! He cant be lying can he? Hint " The top 10 percent of households contribute over 70 percent of income tax, net of transfers—over 70 percent of income tax, net of transfers"
Clearly you didn't read or understand the table in that link above... I'll admit to not taking the 70% at absolute face value, although I trust (yes, trust) that it's not wildly wrong.
On the other hand, if you look _VERY_ carefully, you'll see a "Gross Tax Paid" column which shows that the over $150k (9.7%) household pay a Gross figure of 37%. That's before any transfers.
Hint. Read information properly when presented to you.
Cheers - N