The Top 40% Pay 106% of Taxes

Rush Limbaugh has announced another “random act of journalism” coming from CNBC.

The Congressional Budget office found from the 2010 census that the top 40 percent of wage earners paid 106 percent of income taxes.  The bottom 40 percent of wage earners contributed NEGATIVE 9 percent.  In other words they got federal money that they didn’t earn, which comes from those of us who fund this debacle of a government.

Find the data in table 3 on page 13 of the CBO Report.

Should the leftie media be apologizing to Mitt Romney for his comment about 47 percent of people who are on the take???  Should he sue them, redistribute their wealth, and feed some starving  lawyers?    Pharmer grants an  exceptional line to CNBC  because of the priceless headline : “The rich do not pay the most taxes, they pay ALL the taxes.”

The Alinsky-ites have been hard at work training  people to hate the rich for this, and so far they’ve been pretty effective.

 

One thought on “The Top 40% Pay 106% of Taxes

  1. This is strange and astonishing thing to know that The Congressional Budget office found from the 2010 census that the top 40 percent of wage earners paid 106 percent of income taxes. The bottom 40 percent of wage earners contributed NEGATIVE 9 percent. Really tax attorney are some times good at

Comments are closed.