Thursday, September 22, 2011

MSM Finally Uncovers the Liberal Lie About the Rich's Tax Burden

Shockingly, the MSM (the AP), actually did a fact check on Obama's claim that the rich don't pay their "fair share" of taxes.  While I have known this for decades (simple common sense), Liberals and the MSM seem to have always thought otherwise.  Somehow the rich got rich off the backs of the poor and middle class and don't pay their "fair share" of taxes. Actually they knew but needed to fan the flames (lie) of class warfare to their constituents in order to gain power and get elected.

On the top right of this blog, is a breakdown of who pays taxes.  It clearly shows who pays their fair share of taxes in the United States and who are the parasites.

I'm pleased that somebody in the MSM actually decided to practice journalism and did some research on who actually pays taxes.  Here are the relevant paragraphs from the article...

This year, households making more than $1 million will pay an average of 29.1 percent of their income in federal taxes, including income taxes, payroll taxes and other taxes, according to the Tax Policy Center, a Washington think tank. 
Households making between $50,000 and $75,000 will pay an average of 15 percent of their income in federal taxes. 
Lower-income households will pay less. For example, households making between $40,000 and $50,000 will pay an average of 12.5 percent of their income in federal taxes. Households making between $20,000 and $30,000 will pay 5.7 percent.
It is refreshing to see another bald faced Liberal lie be exposed by the MSM.  The rich pay more than their "fair share" of taxes.  The middle class and the poor should be thanking them every single day for their contributions to the greatness of this country.  
Thank you AP.  And a sincere and heartfelt THANK YOU to all the rich.  

1 comment:

  1. you are barking theoretical figures...
    one year i made 30k, my brother 300k...
    my tax rate ended up 11%...
    his started at 22%...
    by the time the "user friendly" tax system was done with him...
    he paid 8%.
    his taxes impacted him a lot less than mine impacted me.
    just one of the quirks the system lays on us.
    in the 50s his rate would have been closer to 40% with no secret holes.
    life was a little richer for everyone then.

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