Saturday, July 26, 2008

Who's Paying their "Fair Share"?

Often I have a discussion with those who agree with the Obamination that taxes should be raised "on the rich". I had one of these moments tonight. Let me tell you...this is so much hokum. Here's a good chart:

The point is...the top 5% of taxpayers (those with gross income of $137,056 or more) pay 60% of the total income taxes.

I don't consider $137k as rich...a couple, one a cop, the other a teacher, could earn this. And we're paying more than half of all taxes paid! People always thinks "someone else" should pay more taxes.

Let's go to a flat tax. Or we're going to have a revolt.

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