« Taxmageddon Bad? Wait for ObamaCare to Kick-in. | Main | What will the Arlington County Board do now? »

Yet More on Tax Fairness

We growled about "tax fairness" on April 24, 2012 and April 27, 2012. Now comes Deroy Murdock positing at National Review Online earlier this week that "rather than lifting the lobby, the Left would plunge the penthouse." According to Mr. Murdock:

" . . .    Class warriors scream about imposing “fairness” on the rich, but their shouts become mumbles when asked what precise tax rate achieves “fairness.”

"Liberals fall mum amid these facts: In 2009, the latest IRS figures demonstrate, the much-maligned top 1 percent of taxpayers earned 17 percent of national income and paid 37 percent of federal income taxes. The top 10 percent made 43 percent of national income and surrendered 70.5 percent of income-tax revenues. Meanwhile, the bottom 50 percent scored 13.5 percent of national income and paid just 2.3 percent of income taxes.

"Unfair? If so, the Left should specify what heavier tax burden on the wealthy or lighter tax load on the lower half of taxpayers would constitute 'fairness.'”

HT Dan Mitchell at Townhall.com


TrackBack URL for this entry: