The disproportionate tax burden

[Tex]

Via Powerline:

Stephen Moore previews the most recent data in today's Wall Street Journal: "My contacts at the Treasury Department tell me that for the first time in decades, and perhaps ever, the richest 1% of tax filers will have paid more than 40% of the income tax burden. The top 50% will account for 97% of all federal income taxes, while the bottom 50% will have paid just 3%." Moore's preview does not include the companion income data.

The main reason Obama wants to raise taxes on the rich is because no one else is even paying them.

Oh, and if you pay taxes ... you're rich. Go figure.

http://www.powerlineblog.com/archive.../07/020953.php