Unclebananahead
23rd November 2010, 00:17
In his article, "The Politics Of Avoidance," Newsweek columnist Robert J. Samuelson writes, "Liberals would solve the budget problem by taxing the rich and cutting defense. Think Again. The richest 5 percent already pay about 45 percent of federal taxes; they may pay more but not enough to balance the budget"
My question for my fellow RevLefters is this: just how much do the richest 5% in the US actually pay in taxes? How accurate (or perhaps rather, inaccurate) are Mr. Samuelson's figures?
My question for my fellow RevLefters is this: just how much do the richest 5% in the US actually pay in taxes? How accurate (or perhaps rather, inaccurate) are Mr. Samuelson's figures?