New study shows that âthe richâ donât just pay their âfair share,â they pay almost everybodyâs share
A US study has shown that the claims of the leftwing that the rich should pay even more tax as being just and fair in the world is based on lies.
They already do pay more than their fair share, in fact they pay almost everybody’s share.
[T]he major finding of the CBO report is that the households in the top income quintile are the real ânet payersâ of the US economy. The average household in the top one-fifth of American households by income paid $57,500 in federal taxes in 2011, received $11,000 in government transfers, and therefore made a net positive contribution of $46,500. The second-highest income quintile basically just barely covers its transfer payments, so itâs really the top 20% of ânet payerâ households that are financing transfer payments to the entire bottom 60% AND financing the non-financed operations of the entire federal government.