You Go, Joe!

http://www.toledoblade.com/apps/pbcs.dll/article?AID=/20081016/NEWS09/810160418

So read the Toledo view of the guy who helps to point out -- when you say, as Joe the Senator does, that the top 5% need to be OK with paying more taxes, you miss two things. First, 45% of US households pay no income tax (see earlier post with WSJ link), and in that top 5% are both Warren Buffet, who certainly can afford to pay a bit more, and Joe the Plumber at a total business income of $250-275,000, which is a small business with maybe four employees, and is the engine for much of the job creation in Ohio and the nation as a whole.

Plus, when the top 5% is already paying over 75% of income tax revenue, let's understand who we're talking about. If Joe the Plumber can't hire a new apprentice plumber, that's a missing step up that minimum wage increases and EITC payouts and "stimulus packages" don't replace.



You go, Joe! (The Plumber, not the Senator.)