Hot Air: "Do the rich pay their fair share?" Um, yeah.
In 2009, the top 20% of earners brought in an income about 10 times that of the bottom 20% of earners. However, they paid about 221 times as much in taxes.We already have a progressive tax system but it's never enough to feed the beast. This is the ongoing infantilization of America where it's all candy and no consequences. Somewhere along the journey we decided to make "somebody else" pay for everything because, hey, we can vote that way.
The top one percent of earners made about 50 times as much money as the bottom quintile in 2009, but paid about 1,500 times as much in taxes
Flashback from Hit & Run: "Top 1% pay 37% of income taxes."