Tuesday, September 16, 2008

Liberal Math

I've heard it said several times now that Barack Obama will cut taxes for 95% of Americans. Since only 60% of Americans pay income tax, I'm curious about how The One plans to pull that off. Here are a few factual income tax numbers using accepted mathematical methods.

Wage Earners
Income Taxes Paid
Top 1%
Top 5%
Top 10%
Top 25%
Top 50%
Bottom 50%

This chart shows where the tax burden lies and contrary to every liberal who has ever opened their mouth, the "rich" are not getting a break while the rest of the country pays all of the income taxes. That is an outright lie.

The next time you hear a liberal say Bush or McCain want to give tax breaks to the rich, just remember that 50% of the wage earners in this country are supporting the other 50%.

Income tax chart from National Taxpayers Union Foundation

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