High income earners pay "fair share"
Last updated 10/26/2021 at 7:54am
The Biden Administration's massive welfare give away, "Build Back Better," is currently being negotiated in Congress. One of the original funding mechanisms was raising taxes on the rich to the point where they pay their "fair share." In spite of the political left obsessing over the issue, no one has clearly defined exactly what the term means.
Let's look at actual numbers and see who pays what in income taxes in the United States.
Those organizations that follow taxation in the U.S. use an array of reporting methods to correlate income groups and their various tax payments. The Tax Founda...