Sunday, May 29, 2011

Why are Taxes off the Table for GOP? Top Income Earners paying 18 percent effective rate.

Do Republicans ever tell the truth...ever?

As House Speaker John Boehner and other Republican leaders in Congress continue to assert that tax increases even on the very wealthiest Americans are "off the table," one rationale sometimes advanced for this view is that Americans who work hard and become successful have to pay over a third of their income in federal income taxes. However, data recently released from the IRS show that this is not remotely true.

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