Did you know that the top one percent of American wage earners (adjusted gross income) pay about 38 percent of all our federal personal taxes (according to the National Taxpayer Union)? The top one percent, by the way, account for 23.5 percent of all income — a substantial amount, yes, but considerably less than 38 percent.
Or that the top five percent pay just under 60 percent?
Or that the top ten percent pay about 70 percent of all the personal income taxes collected in this great land of ours?
These “fat-cats” are the ones who do the heavy lifting in this country. They’re the ones whose federal tax dollars pick up a big chunk of the tab for all sorts of noble things, such as: food for folks who don’t have enough to eat … medicine and doctors for people with little money … financial aid to help other people’s kids go to college … milk and diapers for poor babies whose 15 year-old mothers and deadbeat fathers are too irresponsible to take care of their own kids … a safety net for old folks who are retired on fixed incomes … and on and on. ...
So let’s get busy on that shiny monument in our nation’s capital. And let’s get some unemployed people out there building it. It’s the least they can do for those nice rich people who have been keeping them afloat.