The rich don't pay their taxes?
Remember back in 1991-1992 when Bill Clinton was running for President of the United States and claimed in the 1980s the rich in America didn't pay their "fair share"? I wonder why then President Bush didn't correct the record.
The top 1% of income earners in America pay around 38% of the total income tax bill. The top 10% of income earners in America pay nearly 60% of the income tax bill. And guess how much of the federal income tax bill is paid for by the bottom 50% of income earners? Yep! Less than 3%.
So, is the claim that the rich skip out on their taxes and the middle class gets stuck supporting this country really true? I hardly think so.
The top 1% of income earners in America pay around 38% of the total income tax bill. The top 10% of income earners in America pay nearly 60% of the income tax bill. And guess how much of the federal income tax bill is paid for by the bottom 50% of income earners? Yep! Less than 3%.
So, is the claim that the rich skip out on their taxes and the middle class gets stuck supporting this country really true? I hardly think so.
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