Rich Already Pay More than “Fair Share”
July 11, 2012
Via Hot Air and the Washington Times, a new report from the government’s own Congressional Budget Office shows that (as of 2008 and 2009) the top 20% of the population earn 50.8% of the income in the country, but pay 67.9% of the taxes.
Democrats (up to and including the president) are always calling for “the rich” to “pay their fair share”. They must not mean the most obvious sense of “fair share”—i.e., a proportionate share; the rich already pay much more than that. Yet what other sense they mean is never specified.
If you agree with them that tax rates should be even more “progressive” than they already are, I put the question to you: How much is enough? Unless you’re actually a Communist, you don’t want the wealthy just to be taxed until their income is brought down to the level of everyone else’s. So, how much do you want them to be taxed? What is their “fair share”?
Bonus topic: In that story quoting President Obama, we’re told that (about a year ago, while president of the United States) he spoke before “a supportive crowd at a National Council of La Raza conference.” Would a Republican president ever speak before “a supportive crowd” at some white-nationalist conference? (Would there be anything left of him after the press was finished with him if he did?)
For a quick introduction to the organization whose name translates as the National Council of The Race, see (from National Review Online) Michelle Malkin, Mark Krikorian (two, three), Carol Iannone, and Liam Julian. (The National Council of La Raza makes a valiant effort in the damage-control sections of its Web site, but then, so does the KKK.)