"The top 1% of tax filers paid 37.42% of all personal federal income taxes in 2000, and the top 50% paid 96.09% of all such taxes, according to the Internal Revenue Service." This according to Albert Crenshaw of The Washington Post as reported in the Burlington Free Press on November 3, 2002.
As we listen to the perpetual rants of Mr. Sanders and others about the recent tax cuts (whose effects are not included in the IRS data), we should always keep in mind who pays the taxes that may be reduced. The bombastic ravings of many would suggest that the rich are receiving the Bush tax cuts. True enough, but these political opportunists, such as Mr. Sanders, never state the facts about who pays the taxes. This is disingenuous and only half the truth stated for political and ideological reasons to further an agenda of income redistribution.
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