CBO: Wealthy People Pay More than Their Fair Share of Taxes – Fair Tax Needed

Obama and the Democrat Culture of Corruption continue trying to rise taxes on job makers to try and make a dent in his out-of-control spending tab, and and say that wealthy people need to “pay their fair share”, when it is well known to people who care that the top 20% of wealthy people pay nearly 70 percent of the federal taxes our government takes in.

CBO: Wealthy People Pay More than Their Fair Share of Taxes - Fair Tax Needed

CBO: Wealthy People Pay More than Their Fair Share of Taxes – Fair Tax Needed

This is shocking! When tax burden is figured in, the top 1% of wage earners only were allowed to keep 11.5% of their income – the other 88.5% of their income was taken by the government as taxes.

CBO analysis shows that the Democrats have been lying to the American People about who pas their fair share of taxes, and reveals the truth is that wealthy people actually do pay far more than their fair share of taxes in the United States. We need a fair tax!

Wealthy Americans earn about 50 percent of all income but pay nearly



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