Looks like the argument for the rich paying their “fair share” is getting weaker
and weaker. Hover your mouse over the chart to see the graphic proof of who really
pays their fair share-Part I.
Facts are stubborn things and the fact is that the top 5% of earners have gone from shouldering about 28% of all income taxes to carrying 40% of the entire income tax burden.
So once again, we ask our liberal friends, just how much is enough? Should those with less than 30% of the income pay 75%, 115% or more of the total?
David Conley
David is a partner at Smith, Conley & Associates, PC. In addition to writing and tax consulting, he is active in the pro-life community serving as President of the Fayette County Right to Life chapter of Georgia Right to Life.
He is also a founding Board Member and Finance Director of the Fayette Pregnancy Resource Center and serves on the Board of the National Equal Rights Institute.
He is also a founding Board Member and Finance Director of the Fayette Pregnancy Resource Center and serves on the Board of the National Equal Rights Institute.
Latest posts by David Conley (see all)
- The biggest no-brainer for 2019 tax planning:
It's never too early to start saving 2019 taxes
- January 16, 2019 - What a difference a name makes!:
Are you a dealer or investor? Here's how to tell the difference!
- January 10, 2019 - Is it too late to accrue a bonus for last year?:
Not if done correctly
- January 9, 2019
