The Truth About Taxes

Little Barry and his liberal democratic/media flacks love carping about tax fairness. I’m certain that by now even the most tone deaf person on the planet could repeat the oft sung “make the rich pay their fair share” song and dance. Delivered no doubt as mindlessly as it was accepted. Given the level of mind numbing repetition this lie gets, especially from so called mainstream journalists who know better, it is not surprising that so many people fall for it.
Using IRS data from 2007, I am going to spoil the hate the rich party so many Americans seem to be enjoying. If, like most liberals you have an aversion to the truth, you should probably tune out now.
Lets start with the people liberals claim to care about the most, the bottom 50 percent of taxpayers. The “little” guy. These folks earned 12 percent of personal income and paid a grand total of 3 percent of income tax revenues.
Compare that to what happens to the top 10 percent. These folks earned 48 percent of personal income and paid 71 percent of all personal income taxes.
It gets even more interesting or depressing depending on your perspective as we climb the ladder of success. Consider the top 5 percent. They earned 37 percent of personal income yet paid 61 percent of personal income tax.
But what about the top 1 percent? Why don’t they pay their fair share? The richest 1 percent of Americans earned 22 percent of national personal income but paid 40 percent of all personal income taxes. Talk about punishing success.
Now, lets engage in an exercise no longer taught in public schools, I call it critical thinking. The top 10 percent of income earners pay 71 percent of the federal income tax burden and the bottom 47 percent of Americans not only pay virtually nothing but often get refunds funded by the taxes paid by the top “1 percent.” As a child I was taught early and often to thank sincerely those who gave me gifts.
One wonders just how long liberals can continue to strangle the goose that lays golden eggs before it finally dies.
Even though the facts are indisputable, the lie continues. The “rich” are now demonized as “evil” and “not paying their fair share.” Really. Today we are witnessing the confirmation of the Nazi Parties propaganda chief Gobbels dictum. If the lie is big enough and repeated often enough, it will become the unassailable truth.

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