HomeUploadUpload DirectHotlinkRandomAbouttheme toggle
Expand

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

Views:820
@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
    788 views
    Thumbnail for Take a fucking shower degenerate!0:29
    Take a fucking shower degenerate!
    AOUisgay
    411 views
    Thumbnail for Photos released of 3-year-old killed in homicide case involving cooking show winner0:40
    Photos released of 3-year-old killed in homicide case involving cooking show winner
    bestofpoal
    1421 views
    Thumbnail for Best parts of Jim Breuer's comedy special5:49
    Best parts of Jim Breuer's comedy special
    bestofpoal
    658 views
    Thumbnail for What We Saw at the Mortgage Bailout Demonstration6:04
    What We Saw at the Mortgage Bailout Demonstration
    ReasonVids
    890 views
    Thumbnail for The Lord of the Rings: The Rings of Power – Teaser Trailer | Prime Video | The Lord of the Rings: The Rings of Power – Teaser Trailer | Prime Video1:01
    The Lord of the Rings: The Rings of Power – Teaser Trailer | Prime Video | The Lord of the Rings: The Rings of Power – Teaser Trailer | Prime Video
    invidious
    369 views
    Thumbnail for Miss Information: Wokeness is the Real Treason | Live From The Lair13:07
    Miss Information: Wokeness is the Real Treason | Live From The Lair
    Terrence Popp
    544 views
    Thumbnail for Xinjiang Police File Hack - Why China is Terrified | laowhy8616:08
    Xinjiang Police File Hack - Why China is Terrified | laowhy86
    invidious
    315 views
    Thumbnail for The Power of Nazi Propaganda5:46
    The Power of Nazi Propaganda
    ReasonVids
    930 views
    Thumbnail for Do Not Open Until Sex-mas | Ride and Roast38:58
    Do Not Open Until Sex-mas | Ride and Roast
    Terrence Popp
    1453 views
    Thumbnail for Drunk Pawns | Fairy Chess | Chess Artist5:58
    Drunk Pawns | Fairy Chess | Chess Artist
    invidious
    495 views
    Thumbnail for The CPAC Foreign Policy Split: Old Hawks and Young Doves3:34
    The CPAC Foreign Policy Split: Old Hawks and Young Doves
    ReasonVids
    894 views
    Thumbnail for A Crackdown on Cash and Bitcoin? Curbing Crime vs. Empowering the Surveillance State1:33:03
    A Crackdown on Cash and Bitcoin? Curbing Crime vs. Empowering the Surveillance State
    ReasonVids
    726 views
    Thumbnail for 6 Gorillion0:07
    6 Gorillion
    bestofupgoat
    272 views
    Thumbnail for Schindler's List0:20
    Schindler's List
    bestofvoatxyz
    389 views
    Thumbnail for The Italy shit is real guys. Archive asap.2:20
    The Italy shit is real guys. Archive asap.
    AOU
    1407 views
    Thumbnail for King Terry Grindset0:26
    King Terry Grindset
    bestofvid8
    634 views
    Thumbnail for HOLOHOAX IN TREBLINKA: USING SCIENCE TO DEBUNK THE HOLOCAUST3:16
    HOLOHOAX IN TREBLINKA: USING SCIENCE TO DEBUNK THE HOLOCAUST
    voatcatbox
    327 views
    Thumbnail for Based dog is based0:05
    Based dog is based
    bestofupgoat
    219 views
    Thumbnail for Who Can Build the Coolest Tunnel Track? | kAN Gaming15:20
    Who Can Build the Coolest Tunnel Track? | kAN Gaming
    invidious
    246 views
    Thumbnail for Stephen Cox on Libertarian Literature and Prisons as Failed Planned Societies9:32
    Stephen Cox on Libertarian Literature and Prisons as Failed Planned Societies
    ReasonVids
    956 views
    Thumbnail for Monday Morning Coffee Club | Ima Survivor Sanctuary52:54
    Monday Morning Coffee Club | Ima Survivor Sanctuary
    invidious
    56 views
    Thumbnail for "The Skeptical Environmentalist": A Conversation with John Tierney and Bjorn Lomborg27:03
    "The Skeptical Environmentalist": A Conversation with John Tierney and Bjorn Lomborg
    ReasonVids
    875 views
    Thumbnail for GOP Supporters in Their Own Words Before the NH Debate2:44
    GOP Supporters in Their Own Words Before the NH Debate
    ReasonVids
    920 views
    Thumbnail for Foxes: Amazing Facts About Smart And Cunning Predators Fox | Around you3:20
    Foxes: Amazing Facts About Smart And Cunning Predators Fox | Around you
    invidious
    355 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