"Taxpayers earning at least $200,000 represented 2.8 percent of all people filing tax returns in 2009, according to Internal Revenue Service data. However, they donated 37 percent of the $158-billion in itemized charitable gifts made that year." The president not only wants to raise their taxes, but he wants to take away “charitable” loopholes.
http://philanthropy.com/article/Does-the-Charitable-Deduction/129212/ .
"There are 133,000 male heads of households and 143,000 female heads of households who make more than $200,000 a year." Obama calls them rich and wants to increase their taxes. Oh my goodness, a gender difference in income--but the female high earners (who need free stuff like birth control from the government) exceed the men.
I was looking at the table by the CBO of “Share of Federal Tax Liabilities for all Households, 1979-2009” and noticed a lot that wasn’t “fair.” The top quintile (20%) in 2009 had a tax liability of 67.9% (55.3% in 1979) and the lowest quintile had .3% (2.1% in 1979). The top 5% had a tax liability of 39.6% (28.1 in 1979) and there is no comparable figure for the bottom 5% because I think it is a negative number.
http://www.cbo.gov/publication/43373
Charles Murray points out the top earners in the United States also tend to be college educated, industrious, married, and participate in a faith family. And what does Obama reward? High college debt, sloth, single women and spits in the face of the religious.
http://online.wsj.com/article/SB10001424052970204301404577170733817181646.html
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