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Debunking The Barack Obama "Rich Don't Pay Taxes" Myth
Heritage Center/The Lid ^ | 5/4/09 | The Lid

Posted on 05/04/2009 4:57:43 PM PDT by Shellybenoit

We hear it over and over from the President and from the Democratic party, the well off do not pay their fair share of taxes and during the eight years of the Bush administration, their burden was eased even further.

Like most things coming out of the Obama White House that claim is bogus. The Non-Partisan Congressional Budget office issued a report that showed that the top 20% of income earners pay over 86% of all taxes, which is 6% more than what they paid at the beginning of the Bush administration. At the same time much of the bottom 40% not only did not pay taxes, but they got cash back.

(Excerpt) Read more at yidwithlid.blogspot.com ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: obama; porky; taxes; wealthy

1 posted on 05/04/2009 4:57:44 PM PDT by Shellybenoit
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To: Shellybenoit

I’m not sure this is “bogus”-I mean there a couple of shining example of “the rich not paying taxes”-Tim Geithner, Tom Dashole Kathleen Sebilius just to name a few.


2 posted on 05/04/2009 5:07:01 PM PDT by mrmargaritaville
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To: Shellybenoit

yep, Bush was lib light on the progressive tax front, I knew this was a lie.

In the election though, it worked against the GOP. You can’t use this argument if you do it too.

GOP has to be conservative to establish a brand, can’t go all over the place. People have to know what you stand for.


3 posted on 05/04/2009 5:50:14 PM PDT by dila813
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