So much it would seem, for the myth about the "Rich" not paying their share in taxes. I suppose that lie was generated to aide in furthering the Socialist Agenda.. erm.. I mean Obama's wealth distribution ideal. It looks as if the recent IRS data released about various wealth brackets show the richest actually pay well beyond their share.
Taken from the CFIF.org site; According to the statistics, the richest 1% of American taxpayers (those earning above $389,000) earned 22% of the nation’s reported income. But their share of the nation’s income taxes was 40%. In other words, the wealthiest 1% of Americans’ income tax payments are almost twice as much as their “fair share.”
The stats went on and on, all the way down to the 50% top wage earners in America paying 97% of the taxes. Which essentially equates to one half of the country paying for all but 3% of the countries taxes. I'll let you formulate your own ideals as to whom that other half, that only pays 3% is. But I doubt it will take you very long to arrive at a solid conclusion.
You can take a look at some of the tax table breakdowns here at the TaxFoundation.org.
It also appears another gigantic piece of Liberal-bs, turns out to be just that. BS! We've been hearing an awful lot, over and over again, about the wealthy benefiting from "Bush's Tax Cuts of 2001 and 2003," whilst everyone else was left in the cold. To quote Richard Dawson from his Family Feud days, "Survey says...?" XXX! In reality, which Lib's have no real clue about, the top 1% of wage earners only paid 19% of the taxes under Carter. Today, even WITH Bush's tax cuts, they pay 40%.
It's no wonder Congress' approval ratings have dived to single digit approval ratings. Keep voting yourselves raises folks, while the rest of America is plotting to lynch you. I've got my torch and pitchfork ready.
The CFIF article closes out with a very arousing statement; So the next time you hear a liberal candidate, political leader or supporter allege that the rich aren’t paying their fair share, direct them to the actual IRS data.
And tell them that numbers don’t lie – politicians do.
UPDATE: 1-2-2008; For those who may be wondering, yes you are correct, I haven't written anything new for a few days. I have been pondering, and decided to go through with, going on a writting sabatical for a few months. With all the political mess we are in now, and all the crap we've been put through over the last year and a half, I need the rest, just as America needs a rest from liberals. I'll c yas on the flip side. --John
Now here is a serious YouTube Brutha with Word! Alfonzo, also known as "machosauceproductions" puts the serious smack down, and is worthy of note. You can check him out here; http://www.youtube.com/user/machosauceproduction
..Although my memory is fading, I remember two things very clearly; I am a great sinner, and Christ is a great Savior. --John Newton
"A Veteran -- whether active duty, discharged, retired, or reserve -- is someone who at one point in his life, wrote a blank check made payable to: 'The United States of America,' for an amount of 'up to, and including his life.'" --Unknown










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