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 A Large Majority of Americans Not Paying Fair Share of Income Tax Burden

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Abracadabra
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PostSubject: A Large Majority of Americans Not Paying Fair Share of Income Tax Burden   Wed 01 Feb 2012, 8:05 am

Obama is LYING when he says the rich aren’t paying their fair share of taxes...they (top 50%) paid 97.7% of all income taxes.

In recent months, estimates that as many as half of all U.S. tax filers might owe no federal income tax at all this year have caused critics to argue the issue of fairness — especially as President Obama and Democratic members of Congress push for higher taxes on wealthier earners.

According to the nonpartisan Tax Policy Center in Washington, D.C., 46% of tax filers will owe no federal income tax this year.

Forty-six percent of tax filers will owe no federal income tax this year......raises serious questions about the future of the U.S. income tax system and a base-broadening tax reform must be considered. It is unfair when the majority of the federal tax burden is borne by a shrinking pool of taxpayers. As Congress considers tax reform proposals during the coming year, this is an issue lawmakers should begin to debate.









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A Large Majority of Americans Not Paying Fair Share of Income Tax Burden

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