Tuesday, October 18, 2011

Facts Don't Support Demonizing High Earners

Why do liberals keep calling for more taxes on high earners?
And why are they saying they're not paying their fair share when the facts show otherwise? 
The top 1% of earners pays more than 38% of the federal taxes. 
The top 5% pay nearly 59% of federal taxes. 
The top 10% pay nearly 70% of federal taxes. 
The top 25% pay more than 86%. 
I'd be the first one to call them out if they weren't paying their share.
But it seems to me that they're "sharing" quite nicely, thank you! 
Source: IRS, 2008 returns.

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