Who pays their 'fair share'?
Published April 20, 2015
by Mitch Kokai, The Locker Room, April 20, 2015.
Curtis Dubay of the Heritage Foundation aims a Daily Signal entry at those who believe high-income earners aren’t paying their “fair share.”
Two graphics from Dubay’s commentary tell an important story about the relative tax burdens of those with higher and lower incomes.
April 20, 2015 at 9:15 am
Richard L Bunce says:
Must be two different measures of income to get Top 10% with 45% in first chart and 37% in the second chart.
Aside of distribution of collection the disturbing part is that the total revenue continues to grow... I believe the most recent few years are the highest for government revenue in the Nations history.
April 20, 2015 at 11:29 am
Richard L Bunce says:
In my life I have noticed something very consistent... everyone thinks they are paying more than their "fair" share and everyone else is paying less than their "fair" share. There is no "fair" share and the tax code should never be used for social engineering. It is either to raise the required revenue for government to perform minimum essential constitutional tasks and should be broad based an lowest rate with use fees employed whenever possible.
The problem is the government is collecting too much revenue, most of it passed by candidates to keep vote buying promises they made as candidates.
"So we spend about 63.2% of federal expenditures on transfer payments."
http://www.quora.com/What-percentage-of-federal-budget-expenditures-are-transfer-payments
April 20, 2015 at 12:17 pm
Richard L Bunce says:
Another problem is the US Constitution was set up by the States with restraint on the powers of the Federal government. The State Legislatures appointed that States US Senators and the Senators confirmed the Presidents appointments to the USSC that served to restrain the powers of the Federal government Executive and Congress. Unfortunately early last Century the 17th Amendment changed the method of populating the US Senate and it is no coincidence that since that happened we have experienced a significant increase in the powers of the Federal government no longer constrained by the USSC.
