The wealthy already pay the vast majority of income taxes. The top 1% of taxpayers paid 38.1% in 2012 (the latest available figures). The top 5% were responsible for 58.9%, and the top 10% paid 70.2% of income tax collections.Just a reminder the next time Comrade Sanders claim the rich don't pay their fair share.
Thursday, December 17, 2015
Limited Government Requires That Everyone Pay Some Taxes
IBD reports: