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      02-09-2012, 07:27 PM   #95
ecleland
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Quote:
Originally Posted by OldArmy View Post
"Middle-class families shouldn't pay higher taxes than millionaires and billionaires. That's pretty straightforward. It's hard to argue against that."
–President Barack Obama, Sep 2011

And the liberal news media talking heads say this all the time. It's a lie to facilitate class warfare pure and simple.

And even the basic premise of the liberal argument is dead wrong:

"But there is more: On average, however, the wealthiest people in America pay a lot more in taxes than the middle class or the poor, according to the non-partisan Tax Policy Center. This year, households making more than $1 million will pay, on average, 29.1 percent of their income in federal taxes. A household making between $50,000 and $75,000 will pay 15 percent of its income in federal taxes, which includes income taxes and Social Security payroll taxes. The 10 percent of households with the highest incomes pay more than half of all federal taxes. They pay more than 70 percent of federal income taxes, according to the Congressional Budget Office. "Stephen Ohlemacher, The Associated Press

(Sorry, this is kinda crude. Best I could do in ten seconds of interweb surfing.)
Since they say a picture is worth a thousand words here are a couple charts from IRS data that prove the point that the rich are paying more than their fair share. We don't have a tax rate problem we have a big spending problem. The freeloaders can never get enough of other peoples money.Name:  cy2003.gif
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