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The Rich Don't Pay Enough?

anonymous16470 Wrote: Aug 29, 2012 12:33 PM

Straight to Hell! Created equal does not mean we all have an etintlement to the fruits of someone elses labor. Once the government seizes all the wealth of everyone in the 1, 5,10% brackets and the deficit is out of controll they will eventually coming for the rest in the name of fairness. How will you feel when the come for your 45%. Quite differently I suspect.

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The Rich Don't Pay Enough?

If you listen to America's political hacks, mainstream media talking heads and their socialist allies, you can't help but reach the conclusion that the nation's tax burden is borne by the poor and middleclass while the rich get off scot-free.

Stephen Moore, senior economics writer for The Wall Street Journal, and I'm proud to say former GMU economics student, wrote "The U.S. Tax System: Who Really Pays?" in the Manhattan Institute's Issue 2012 (8/12). Let's see whether the rich are paying their "fair" share.

According to IRS 2007 data, the richest 1 percent of Americans earned 22 percent of national personal income but...

Related Tags: Bush Tax Cuts 1 percent Campaign 2012 federal income tax rich