Entertainment

Kiss Singer Gene Simmons Claims the Rich Pay 80 Percent of 'All Taxes'

18

Kiss co-founder, singer and guitarist Gene Simmons recently claimed that the top one percent in the nation pay 80 percent of "all taxes" and create "all the jobs."

“I have been part of the one percent for the past 30 years,” Simmons recently told UTSanDiego.com. “The one percent pays 80 percent of all taxes. Fifty percent of the population of the U.S. pays no taxes."

"The one percent provides all the jobs for everybody else," Simmons added. "If the one percent didn’t exist, there would be chaos and the American economy would drop dead. Try being nice to rich people. I don’t remember the last poor person who gave me a job.”

While federal personal income tax is paid mostly by people with high incomes, they do not pay "all taxes" as Simmons claimed.

In reality, personal income taxes are only 28 percent of "all taxes," reported BusinessInsider.com in December 2013.

Simmons also failed to mention that people who don't pay income taxes do pay "payroll tax, state income tax, sales tax, property tax, excise taxes, and more," noted BusinessInsider.com.

Also, most jobs are not created by the one percent, but rather by small businesses, noted The Washington Post.

The rock singer did not mention that all the U.S. corporations that do not pay any taxes.

Sources: BusinessInsider.com, UTSanDiego.com, The Washington Post

18

Latest Videos

  • Bernie Sanders Fires Up Student Grassroots Movement After Campaign Live Stream Kickoff

  • 14 Facts You Should Know About Bernie Sanders

  • 5 Conspiracy Theories That Turned Out To Be True

  • Trump Claims His Remarks On Immigration Are Why He's Leading In The GOP Primary