Thursday, March 21, 2013
"Rich pay staggering share of total income taxes"
The numbers presented hear are actually quite alarming...
Betsi Fores has some statistics in her article at DailyCaller.com:
"The top 10 percent of taxpayers paid more than 70 percent of the total income tax revenue collected in 2010, according to research from the D.C.-based Tax Foundation. 'That’s up from 55% in 1986,' CNN notes.
The remaining 90 percent paid just 30 percent, with 47 percent having no income tax liability.
'There’s been a huge myth created that the rich aren’t paying anything,' William McBride, the Tax Foundation’s chief economist, told CNN. 'The rich pay a much higher rate than the poor.'"