HomeUploadUpload DirectHotlinkRandomAbouttheme toggle
Expand

Is Hillary Clinton Right That The Rich Don't Pay Their "Fair Share" of Taxes?

Views:888
@ReasonVids

Secretary of State Hillary Clinton recently said that "the rich are not paying their fair share" of taxes in the United States and other developed countries.

Is she right? It depends on what you consider fair. Using 2006 data, The New York Times found that the richest 20 percent of households were paying 26 percent of their income to the federal government in the form of income, payroll, corporate, and excise taxes. The average for all familes? 21 percent.

And there's this: "In 2006, the top quintile of households earned 55.7 percent of pretax income and paid 69.3 percent of federal taxes, while the top 1 percent of households earned 18.8 percent of income and paid 28.3 percent of taxes."

Paying in a lot more than you get out? That doesn't seem fair.

The rich are different than you and me; they've got more money. And they pay more taxes.

Politicians are different too--they rarely say what they really mean. Perhaps what Secretary Clinton means is that the rich can always pay more than they're already paying.

That would explain why she and the president are lobbying to let the Bush tax cuts expire at the end of the year, a policy that would raise all sorts of taxes on all sorts of people.

Which doesn't sound all that fair either.

Produced by Meredith Bragg and Nick Gillespie.

Go to http://reason.com/blog/2010/05/28/hillary-clinton-the-rich-are-d for documentation and graphs.

reason.tv
,
reason.com
,
reason.org
,
reason magazine
,
reason foundation
,
hillary clinton
,
barack obama
,
taxes
,
crisis
,
rich people
,
nick gillespie
,
meredith bragg
    Thumbnail for Nanny of The Month, May 2010: Anti-Raw-Milk Crusader Stephanie Rose1:14
    Nanny of The Month, May 2010: Anti-Raw-Milk Crusader Stephanie Rose
    ReasonVids
    858 views
    Thumbnail for Marty Klein: America's War on Sex4:17
    Marty Klein: America's War on Sex
    ReasonVids
    984 views
    Thumbnail for Reason.tv's Nanny of the Month For January 2010 (Get Angry, Snoop Dogg!)1:06
    Reason.tv's Nanny of the Month For January 2010 (Get Angry, Snoop Dogg!)
    ReasonVids
    954 views
    Thumbnail for Could you Survive in Gorilla Tag? | CJ VR0:28
    Could you Survive in Gorilla Tag? | CJ VR
    invidious
    208 views
    Thumbnail for The Curse of Canaan (Eustace Mullins) Audiobook - Chapter 844:29
    The Curse of Canaan (Eustace Mullins) Audiobook - Chapter 8
    AOUisgay
    533 views
    Thumbnail for Stossel: War on Electric Scooters5:54
    Stossel: War on Electric Scooters
    ReasonVids
    900 views
    Thumbnail for Jonathan Haidt Debates Robby Soave on Social Media1:24:14
    Jonathan Haidt Debates Robby Soave on Social Media
    ReasonVids
    952 views
    Thumbnail for Black women can’t even enjoy a night out on the town together without white people judging them for it.1:13
    Black women can’t even enjoy a night out on the town together without white people judging them for it.
    bestofupgoat
    471 views
    Thumbnail for Piccadilly Palare (2010 Remaster) | Morrissey - Topic3:48
    Piccadilly Palare (2010 Remaster) | Morrissey - Topic
    invidious
    384 views
    Thumbnail for Whoopie Pies (1947) | B. Dylan Hollis1:00
    Whoopie Pies (1947) | B. Dylan Hollis
    invidious
    159 views
    Thumbnail for ANOTHER COLE PALMER CLASSIC. SIMPLY STUNNING. 🚀 | NBC Sports0:46
    ANOTHER COLE PALMER CLASSIC. SIMPLY STUNNING. 🚀 | NBC Sports
    invidious
    115 views
    Thumbnail for TOOL - Sober5:05
    TOOL - Sober
    music.topic
    73 views
    Thumbnail for The First Anti-Ted Kennedy Tea Party: Boston's Anti-Busing Brigades0:50
    The First Anti-Ted Kennedy Tea Party: Boston's Anti-Busing Brigades
    ReasonVids
    855 views
    Thumbnail for In California, Protecting Workers Means Outlawing Their Jobs7:32
    In California, Protecting Workers Means Outlawing Their Jobs
    ReasonVids
    1040 views
    Thumbnail for What Lies Beyond the Image of Our Humanity? | Truthstream Media30:24
    What Lies Beyond the Image of Our Humanity? | Truthstream Media
    invidious
    206 views
    Thumbnail for 4D Snake [Game]1:00
    4D Snake [Game]
    travjhawk
    1039 views
    Thumbnail for VIDEO: Jew Soldiers Getting Killed by Gaza Snipers0:55
    VIDEO: Jew Soldiers Getting Killed by Gaza Snipers
    bestofupgoat
    471 views
    Thumbnail for What Americans Really Think About ISIS5:55
    What Americans Really Think About ISIS
    ReasonVids
    1002 views
    Thumbnail for Lara Logan Ukraine1:57
    Lara Logan Ukraine
    AOUisgay
    529 views
    Thumbnail for Just Ask... | Mike Rafi - Personal Injury Lawyer0:44
    Just Ask... | Mike Rafi - Personal Injury Lawyer
    invidious
    229 views
    Thumbnail for "We become what we hate" That one friend: | FunnyMemeSpot0:07
    "We become what we hate" That one friend: | FunnyMemeSpot
    invidious
    84 views
    Thumbnail for Lunch Box🍱❤️‍🔥 #trendingonshorts#youtubeshorts | Diya Farzu0:42
    Lunch Box🍱❤️‍🔥 #trendingonshorts#youtubeshorts | Diya Farzu
    invidious
    197 views
    Thumbnail for Twerking In A Car Wash... You won't believe what happens next! (KIKI DIDN'T LOVE HER)0:17
    Twerking In A Car Wash... You won't believe what happens next! (KIKI DIDN'T LOVE HER)
    bestofupgoat
    144 views
    Thumbnail for The Curse of Canaan (Eustace Mullins) Audiobook - Chapter 933:07
    The Curse of Canaan (Eustace Mullins) Audiobook - Chapter 9
    AOUisgay
    570 views
    Thumbnail for memes so funny youll die laughing | Memes deez nuts16:09
    memes so funny youll die laughing | Memes deez nuts
    invidious
    376 views

points

Permalink
Reply
reason.tv
,
reason.com
,
reason.org
,
reason magazine
,
reason foundation
,
hillary clinton
,
barack obama
,
taxes
,
crisis
,
rich people
,
nick gillespie
,
meredith bragg
TOS  •  Add Keywords  •  Donate  •   Analytics  •   DMCA  •   Puzzle