How’s This for Fair?
Thursday, April 30, 2015
Liberals constantly whine that “the rich” don’t pay their “Fair Share” of income taxes.
But in fact, the top 20% of taxpayers earn 51.3% of American income. Yet they pay 83.9% of federal income taxes. The bottom 20%? They earn 4.5% of American income and pay just negative 2.2% of taxes, thanks to the Earned Income Tax Credit, which takes money from tax payers and gives it to them.
Fair enough?
Editors’ note: Facts are to liberals as garlic is to a vampire.