{"id":125,"date":"2010-04-12T12:16:34","date_gmt":"2010-04-12T16:16:34","guid":{"rendered":"http:\/\/000af36.netsolhost.com\/wordpress1\/2010\/04\/12\/the-poor-rich-folks\/"},"modified":"2010-04-12T12:16:34","modified_gmt":"2010-04-12T16:16:34","slug":"the-poor-rich-folks","status":"publish","type":"post","link":"http:\/\/griendling.com\/wordpress1\/2010\/04\/12\/the-poor-rich-folks\/","title":{"rendered":"The Poor Rich Folks"},"content":{"rendered":"<p>Whenever you <a href=\"http:\/\/www.realclearpolitics.com\/articles\/2010\/04\/09\/glory_to_the_taxpayer_105109.html\" target=\"_blank\">read this<\/a>\u2026<\/p>\n<blockquote>\n<p>According to the Tax Foundation, this year the top 10 percent of earners are on the hook for about 73 percent of all the income taxes collected by Washington.<\/p>\n<\/blockquote>\n<p>\u2026somebody is about to tell you how skewed the tax system has become in favor of the middle class and poor.&#160; They\u2019ll talk about the unfairness of a system where 10 percent of the people pay 73 percent of all income taxes<\/p>\n<p>First, keep in mind that they are only talking about the income taxes, not about sales taxes, real estate taxes, payroll taxes or other taxes that fall disproportionately on the middle class and poor.<\/p>\n<p>Second, the reason that rich folks are paying more of the income taxes is because they make more of the money than ever before.&#160; See <a href=\"http:\/\/www.businessinsider.com\/15-charts-about-wealth-and-inequality-in-america-2010-4#the-gap-between-the-top-1-and-everyone-else-hasnt-been-this-bad-since-the-roaring-twenties-1\" target=\"_blank\">\u201c15 Mind-Blowing Facts About Wealth And Inequality In America.\u201d<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Whenever you read this\u2026 According to the Tax Foundation, this year the top 10 percent of earners are on the hook for about 73 percent of all the income taxes collected by Washington. \u2026somebody is about to tell you how skewed the tax system has become in favor of the middle class and poor.&#160; They\u2019ll&hellip; <a href=\"http:\/\/griendling.com\/wordpress1\/2010\/04\/12\/the-poor-rich-folks\/\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,32,15],"tags":[],"_links":{"self":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/posts\/125"}],"collection":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/comments?post=125"}],"version-history":[{"count":0,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/posts\/125\/revisions"}],"wp:attachment":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/media?parent=125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/categories?post=125"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/tags?post=125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}