Friday, October 24, 2008

Taxes

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1980 2006
Highest Federal Income Tax Rate 70% 35%
Share of Taxes Paid by Top 5% 37% 60%
Share of Taxes Paid by Top 25% 73% 86%
Share of Taxes Paid by Bottom 50% 7% 3%
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The question that I have for Obama and the Democrats is what percentage of taxes should the top five percent pay?

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