Three millionaire limousine Libs with 13 homes combined and about $61 Million in combined net worth were whining about equality a post or two ago. So it only seems appropriate to follow with something from the real world.
Contrary to liberal dogma, all the tax reform bills enacted in recent decades, including the Reagan and Bush tax cuts, made the code even more progressive. According to the latest CBO data, in 1979, the top one percent paid 18.4 percent of the income tax pie, whereas now they pay a whopping 40 percent. On the other hand, the bottom 60 percent of earners paid 14.8 percent of the income taxes before Reagan; now only those near the top edge of this group pay very small amounts of income tax, while the entirety of the bottom 40 percent earn money off the income tax code.
Get more ‘Fair Share’ reality sandwiches here. And save the link for the next time your liberal ‘friends’ get whiny about tax cuts for the rich or corporations or whatever they happen to be selling that day.
