Every year it’s the same story.  The Percentage of the income paid by the top income earners increases while the percentage of income taxes paid by the bottom 50 percent of income earners goes down.  Every year millions of additional taxpayers – all on the low end of the income totem – disappear from the tax rolls altogether. 

I know, you want to know just what percentage of the total taxable income is earned by each one of these groups.  Fair question.  First I’ll give you the figures, then I’ll give you a link to some IRS data you need to verify what I’m telling you. 

The top 1% of income earners?  They earned 18.5% of the income.  They paid 34.75% of the income taxes.   Seem fair? 

The top 5% earned 25.7% of the income.  The top 10% earned 36.9%.   

For each one of these groups you will find that they paid a higher percentage of the income taxes than their share of the total income.  EXCEPT ONE!  When you look at the figures for the bottom 50% you sill see that they only paid 4.21% of the income taxes, yet they earned 15.6% of the income. 

Here’s your link to this data, and a whole lot more.  http://www.taxfoundation.org/prtopincometable.html

 AND JUST WHY IS THIS SO DANGEROUS? 

I’ve been preaching this for a while now ---- and I don’t see why it isn’t on every conservative or libertarian pundit’s mind.

With every single year that passes we see more and more of the income tax burden being carried by the high-income earners while those in the bottom 60% of income earners pay less and less. 

We only have two things we can use to control those who control the police power of government … the law and the ballot box. 

When it comes to income tax, the law isn’t on our side.  These people in Washington can take as much as they agree upon --- and they don’t believe there should be any limit!  Over the years I’ve had a chance to talk to quite a few of these men and women, from both sides of the aisle, and there is one question that they absolutely will not answer.  That question is “Congressman So-and-So, what do you think should be the absolute legal maximum amount that the federal government can take out of a person’s earnings as income tax?”

Oh, you’ll get all sorts of mipping and mupping, hemming and hawing, but you won’t get an answer.  These people do not want to put any limit at all on what they can take. 

That leaves the ballot box, and things aren’t much better there.  With every year that passes the ballot box becomes more and more meaningless when it comes to tax matters.  And why?  Simple!  Look at the figures!  Right now we have 83% of the taxes being paid by only 25% of the taxpayers!  That figure is easily extrapolated to 83% of the income taxes being paid by 25% of the voters!  Do you get the picture?  When you propose a big tax cut you’re appealing to a big, whopping 25% of the voters!  But … when you propose more spending programs for middle and lower income taxpayers, you’re appealing to 75% of the voters … and the figures get more skewed every single year!

What’s more, you can propose a tax cut that affects only middle and low income earners and get the support of 75% of the voters!  Who cares about the other 25%?  Their money is all that matters. 

It’s just so simple.  These politicians in D.C. are moving this country to the absolute point-of-no-return insofar as spending and taxing is concerned.  Remember, the absolute number-one job of each and every one of the politicians, with a few rare exceptions, is to make sure they get reelected – to keep their jobs, their privileges, there perks.  Absolutely nothing is more important to them than getting reelected.  There are votes out there for sale.  People who crave government-provided security far more than liberty, and there are politicians who will meet these voters at the polling place with government checks and government programs …. All paid for by that 25% of the electorate whose votes these politicians don’t need