Yes, yes, yes, we have written about Obama's continued attacks on the rich, twice today as a matter of fact. Once discussing how Obama is attempting to divide the country again by starting a class war and the second one where Tony Robbins, not liberal or conservative, explains what would happen if we took every single penny from the rich... not a pretty picture.
Now another article is released showing that the Congressional Budget Office has weighed in on how much the rich already pay.
Wealthy Americans earn about 50 percent of all income but pay nearly 70 percent of the federal tax burden, according to the latest analysis Tuesday by the Congressional Budget Office — though the agency said the very richest have seen their share of taxes fall the past few years.
CBO looked at 2007 through 2009 — the latest years data are available, but enough to include the early effects of the last recession — and found the bottom 20 percent of American earners paid just three-tenths of a percent of the total federal tax burden, while the richest 20 percent paid 67.9 percent of taxes.
Read the entire piece and keep it in mind when Obama spews his nonsense about "fairness".
PS- Flashback: “The last thing you want to do is to raise taxes in the middle of a recession, because that would just suck up—take more demand out of the economy and put businesses in a further hole.”--- Barack Obama
[Update] More at CBO
