A Fairer Share
Posted 09-21-2011 at 03:49 PM by James1202
In 2010, the aggregate U.S. income was about $12,530,101,184,000. I looked for an explanation of what defined this amount but that was not made available. I presume it follows similar IRS guidelines of regular taxable income but excluding non-taxable and capital gains income.
I think it's fair to say, "if you're making your fair share of the aggregate (aggregate divided by the number of full-time, year-round workers) then you're the middle of middle class".
While different governmental agencies (and sometimes the same agency but in different documents) give different totals of how many workers there are and how many are full-time, year-round, a fair estimate would be 87,246,000 out of a population of 308,745,538.
This number excludes the roughly 12,000,000 15-18 yr.olds that the government considers worthy of a fair share of the aggregate. Obviously, few 15-18 yr.olds contribute very much and, therefore, hardly deserve a full, fair share that a 30 yr.old would. The same sentiment is applied toward part-time, seasonal workers. While many, if not most, might want a full, fair share their contribution to the aggregate doesn't justify allowing them to decrease the share given to full-time, year-round workers.
It may seem I'm manipulating the number of people sharing the $12.5 trillion in order to make a fair share larger. When I looked at the governments own statements about the contributions made by 15-18 yr. olds and part-time, seasonal workers to the aggregate I learned it was about 1/1,000th of 1% ($12.5 trillion x 0.00001=$125,301,011...a reduction of about $1.43 per person/yr.). This doesn't seem correct to me.
Do all 15-18 yr.olds plus part-time, seasonal workers only make a total of just $125,301,011 per year? Even if it should have been 1/100th of 1% that would total $1,253,010,110...a reduction of about $14.30 from each F/T worker's share. It didn't seem to matter whether or not I included them for this calculation.
So, $12,530,101,184,000 divided by 87,246,000 full-time, year-round workers comes to $143,618/yr. This is what every F/T, year-round worker would get if everyone got the same.
I think it's fair to say, "if you're making your fair share of the aggregate (aggregate divided by the number of full-time, year-round workers) then you're the middle of middle class".
While different governmental agencies (and sometimes the same agency but in different documents) give different totals of how many workers there are and how many are full-time, year-round, a fair estimate would be 87,246,000 out of a population of 308,745,538.
This number excludes the roughly 12,000,000 15-18 yr.olds that the government considers worthy of a fair share of the aggregate. Obviously, few 15-18 yr.olds contribute very much and, therefore, hardly deserve a full, fair share that a 30 yr.old would. The same sentiment is applied toward part-time, seasonal workers. While many, if not most, might want a full, fair share their contribution to the aggregate doesn't justify allowing them to decrease the share given to full-time, year-round workers.
It may seem I'm manipulating the number of people sharing the $12.5 trillion in order to make a fair share larger. When I looked at the governments own statements about the contributions made by 15-18 yr. olds and part-time, seasonal workers to the aggregate I learned it was about 1/1,000th of 1% ($12.5 trillion x 0.00001=$125,301,011...a reduction of about $1.43 per person/yr.). This doesn't seem correct to me.
Do all 15-18 yr.olds plus part-time, seasonal workers only make a total of just $125,301,011 per year? Even if it should have been 1/100th of 1% that would total $1,253,010,110...a reduction of about $14.30 from each F/T worker's share. It didn't seem to matter whether or not I included them for this calculation.
So, $12,530,101,184,000 divided by 87,246,000 full-time, year-round workers comes to $143,618/yr. This is what every F/T, year-round worker would get if everyone got the same.