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Analysis: 'Fair share' in taxes? Not by the numbers
Read more: http://www.foxnews.com/politics/2012...#ixzz1n19flkf4
"The top 10 percent income earners pay about 70 percent of federal income taxes," says Will McBride of the Tax Foundation. "The bottom 50 percent of tax filers have, they pay almost no federal income tax. They pay about 3 percent of federal income taxes."
But Brooks says the system is tilted even more toward those in the middle class and below because they also get services from the federal government. As a result the per capita value of government spending exceeds what those individuals pay in federal taxes.
"Right now about 70 percent of Americans take more out of the tax system than they put into it, according to the Tax Foundation," Brooks said."That's something that should really alarm a lot of Americans."
Analysis: 'Fair share' in taxes? Not by the numbers
Read more: http://www.foxnews.com/politics/2012...#ixzz1n19flkf4
"The top 10 percent income earners pay about 70 percent of federal income taxes," says Will McBride of the Tax Foundation. "The bottom 50 percent of tax filers have, they pay almost no federal income tax. They pay about 3 percent of federal income taxes."
But Brooks says the system is tilted even more toward those in the middle class and below because they also get services from the federal government. As a result the per capita value of government spending exceeds what those individuals pay in federal taxes.
"Right now about 70 percent of Americans take more out of the tax system than they put into it, according to the Tax Foundation," Brooks said."That's something that should really alarm a lot of Americans."