Did you know?

Quote:This year's numbers show that both the income share earned by the top 1 percent and the tax share paid by the top 1 percent have reached all-time highs. In 2005, the top 1 percent of tax returns paid 39.4 percent of all federal individual income taxes and earned 21.2 percent of adjusted gross income, both of which are significantly higher than 2004 when the top 1 percent earned 19 percent of AGI and paid 36.9 percent of federal individual income taxes.

Did you know?

The bottom 50% of Individual Taxpayers account for just over 3% of all individual income tax paid.

Summary of Latest Federal Individual Income Tax Data

So what's unfair here? Does Obama think high income individuals don't pay their fair share, or does he think American's aren't taxed enough? I know he wants and additional $344billion/yr. for his new programs so he must feel that American's aren't taxed enough and HE knows how to better spend the $344billion.