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Obama loves to talk about the rich paying a little more in taxes as a means of “shared sacrifice” to solve the national debt.
It sounds good to the people at large who aren’t paying attention because they’re too busy watching MSNBC or Jon Stewart. However, the truth is the top 25% wage earners pay 78% of the taxes bill.
So it’s a flat out lie when Obama and the Democrats talk about shared sacrifice when the overwhelming bulk of the tax bill is being paid by the rich.
If President Obama really wanted to share the burden, he would ask the 47% of Americans who pay no income tax at all to start forking over some cash for the benefit of the country.
How about that, Mr. President?
Memeorandum
