- Deputies: Man, woman tried to arrange killing of his estranged wife (5/21/17)1
- Cape fines contractor $1,100 a day for street-project delays; contractor blames utility relocations (5/18/17)13
- Former coroner convicted of felony theft now faces prison in misdemeanor case (5/23/17)2
- Cape police say man assaulted, kidnapped girlfriend (5/21/17)2
- Woman may lose foot after being hit by moped (5/24/17)
- Mississippi County sheriff fights efforts in court to remove him from office (5/21/17)4
- Business notebook: Woman, sister-in-law buy Perryville custom-wear shop (5/22/17)
- Cape man accused of shooting a woman in Jackson (5/21/17)
- Police apprehend Charleston man they say hit Cape woman with car (5/24/17)
- Broadening horizons: Heartland Dream Team founder stays committed to area youth (5/21/17)2
Tax story had misleading data
To the editor:
The Associated Press article on Census Bureau data ("Figures show income gap increasing") does not pass muster as journalism. Propaganda would be a more accurate description. Income figures reported by the Census Bureau are before taxes. Anybody who has ever tried to budget his income knows you have to use take-home pay, not gross income figures.
The lowest 20 percent of U.S. taxpayers have gone from providing over 2 percent of all federal income taxes in 1977 to less than 1 percent in 1999, while the top 20 percent has gone from providing 59 percent in 1977 to 65 percent in 1999. Actual disposable income figures would probably give a very different picture.
This promotion of the idea of two Americas is a disservice to your readers. Like it or not, we are in this together. If the top 5 percent of taxpayers are taxed out of existence or driven out of the country, the rest of us will have to pick up a 50 percent tax increase to make up the difference. Talk about killing the goose that lays the golden eggs.
JOHN FOLWELL, Cape Girardeau