The U.S. Income Tax Is Already Steeply Progressive
27th July 2010
- As of 2006, the tax burden of the top 1 percent of taxpayers exceeds the tax burden of the bottom 95 percent combined. Moreover, according to the National Taxpayers Union, households in the top 5% by income have been paying about 60% of the federal income tax bill for years.
But you’ll never see that in the One-Party Media.