Examining those claims of the right regarding their crushing taxation and supposed coercive support of a nation of freeloaders. In a nutshell, they pay an equal or smaller percentage of their taxes than lower wage earners, and though they are responsible for the majority of the revenue going to the treasury, they earn the commensurate income to justify it. Taking Capital Gains into account, the highest earners may be taxed far below low income earners. We are also the lightest taxed developed nation in the OECD.
They mocking complain “Gotta pay our fair share” in a smarmy voice. Yes you do. You earn all the damn income. Why are you complaining about paying a commensorate share of income to other earners in the best place in the world to do business but lowest taxed? Who is it that wants something for free?
The next time some moron takes a shot at Obama because he doesn’t have a defined “tax plan” in place. Here are all of the tax rates for the past 150 years.