They Already Do

http://www.cafehayek.com/

Posted: 06 Dec 2010 09:11 AM PST

E.J. Dionne laments <http://www.washingtonpost.com/wp-dyn/content/article/2010/12/05/AR2010120503302.html>  the failure of what he describes as a “proposal [that] could have shifted the tax burden away from middle-income taxpayers toward the wealthy.”

Let’s look at some facts.  First here <http://www.ntu.org/tax-basics/who-pays-income-taxes.html> .

In 2008 (the latest year for which accurate data are available), the bottom 95 percent of income-earning households in the U.S."

"the top 5 percent of income-earning households paid 59 percent of this tax revenue."

"...the top 1 percent of income-earning households ... paid a whopping 38 percent of federal personal income tax revenue."

Now for a different angle <http://www.taxfoundation.org/news/show/250.html> .

"In 2008, for the typical household in the top one-percent of income-earning households in America, the percent of its adjusted gross income that it paid in federal income taxes was 23.27.  Middle-income households paid less.  For households whose earnings put them in the top 50 percent, but below the top 25 percent, of income earners, the percent of their adjusted gross income paid in income taxes was, on average, 6.75.  For households in the bottom 50 percent of income-earners, the percent of their adjusted gross income paid in income taxes was, on average, 2.59."

"..those figures do not include the refundable tax credits that now top $70 billion annually and the record number of people off the tax rolls due to the generocity of those credits."

<http://www.taxfoundation.org/news/show/25962.html> .