Why the rich already pay their ‘fair share’ — or, what’s ‘fair’ to you?


I’m watching CNN’s program Your Bottom Line, and I have the TimeWarner DVR paused because I don’t believe my eyes.

In 2009, the top 5 percent of U.S. earners — those making $154,643 or more per year — paid 58.7 percent of the nation’s taxes, according to CNN with the Tax Foundation and the IRS as sources.

Better yet, the top 1 percent of U.S. earners — making $343,927 or more — paid 36.7 percent of the nation’s taxes, again, according to CNN with the Tax Foundation and the IRS as sources.

One percent of U.S. incomes provided more than 36 percent of the nation’s taxes. What does “fair” mean to you?

Really — what does “fair” look like?

Thank you, Will Cain!

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