Tax Demagogues Are Lying Liars, in One Graph

American Thinker ^ | 09/26/2011 | Randall Hoven

[SeekAndFind]

The rich pay lower tax rates than we do. Bush's tax cuts were only for the rich. Both the Reagan and Bush tax cuts were sops to the rich. Schmucks like you and me pay all the taxes so the rich can ride free.

You hear these lies every day.

In case you think I make these lies up, here are some examples.

"Changes in tax rates have strongly favored the very, very rich." -Paul Krugman

"Like Ronald Reagan, President Bush began his term in office with big tax cuts for the rich[.]" -Paul Krugman

"We know, for instance, that taxes on the rich have fallen dramatically in recent decades." -Ezra Klein

"The rich pay a huge share of the total taxes in the United States because they have a huge share of the money." -Matthew Yglesias

"If you make money with money, as some of my super-rich friends do, your percentage may be a bit lower than mine. But if you earn money from a job, your percentage will surely exceed mine -- most likely by a lot[.] Back in the 1980s and 1990s, tax rates for the rich were far higher[.]" -Warren Buffett

"Based on an exhaustive analysis of tax records and census data, the study reinforced the sense that while Mr. Bush's tax cuts reduced rates for people at every income level, they offered the biggest benefits by far to people at the very top[.]" -Edmund Andrews, The New York Times

[SeekAndFind]

[RWGinger]

Amazing graph and from an unimpeachable source

Sadly facts do not matter to obamites OR MSM

Facts have shown that not only do the “rich” pay a dispoportionately huge % of fed taxes but that they also pay a higher % of their income

Still people believe or pretend to believe the rich do not pay their fair share

[Vaduz]

Government greed = Rome II

[Uncle Miltie]

"Amazing graph and from an unimpeachable source"

I'd like to impeach the Congressional Budget Office for refusing to dynamically score tax cuts!

[AndyJackson]

Of course posting that graph is also a lie, because the highest quintile confounds upper middle class professional and skilled workers with the mega rich all in one line. When you get to Kerry and Buffett’s level of wealth you stop paying taxes because you just don’t have taxable income.

[grb]

ping