Breakdown of Federal Personal Income Taxes – Yes, the Rich do Pay Taxes

Breakdown of Federal Personal Income TaxesA great graph and analysis from the Mercatus Center on the breakdown of federal income tax payers.  And, what do you know, the top 25% pay 86% of the income taxes.  86%!!!  Is this enough of their “fair share”?

At some point, the government will just shift the entire tax burden to the top 25% (or worse) and then it’s end game.  The bottom 75% will never ever ever vote to change the tax code.  The productive 25% reduces working and risk taking and economy (and country) collapses.

But, hey, at least those politicians got reelected.

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