Here’s another subject I’m sick and tired of hearing the radical’s lie about. Obama and other radical’s keep whining the wealthy don’t pay their fair share of taxes. That is a crock and there are only two reasons they cry about this: (1) Start class warfare to get more votes, (2) So the federal government can take in more revenue to blow on their freebie programs. It’s that simple.
The radical’s love playing the “percentage” game and bottom line is percentages don’t mean crap. When you go to buy something; your ability to buy something depends on how many real dollars you have. When stockholder’s get their quarterly reports; they look at how many real dollars the company either gained or lost. When you look at your IRA; you look at how much money you made or lost. A percentage is nothing more than a mathematical equation. It’s a means to an end, but is far from actually being the end. But, I’ll play their percentage game if that’s what they want.
For the tax year of 2009; 47% of households did not pay ANY federal income tax. How did so many households not pay any federal income tax? It is directly attributed to Obama and his radical buddies in congress. The 2009 $787 billion economic LIE that was touted as a recovery package included a host of new or expanded tax breaks. It would have been 38% households pay no federal income tax, but the Obama Radical Team increased it to 47%.
The wealthy in 2009 paid a total of 54% of all federal income taxes collected by the government. The often mentioned “1% group” (federal tax filers with adjusted gross incomes – AGI– of at least $343,927) paid 37% of the total fed income taxes collected. A much wealthier group (the top 0.1%) that had an AGI of at least $1.43 million; paid 17% of income taxes collected. So 1.1% of the households paid 54% of all fed income taxes collected, while 47% contributed zilch to the total federal income taxes collected.
The above percentage rates tell me the wealthy are paying MORE than their fair share in percentages! It also tells me the Obama Radical Team laid the ground work for their class warfare in 2009. Obama pretends to be the savior of the middle class, but he only wanted the Bush Tax Cuts to continue through the end of this year. An election year. Doesn’t take a brain surgeon to figure out why Obama only wanted the Bush Tax Cuts to continue through 2012 and then stop. Obama uses the middle class as an end to his means just like he uses percentages as an end to his means; LIES! He only wants to get re-elected to finish off destroying our great Republic.
Above is how you play the percentage game and turn it around on the Obama Radical Team that shows them to be fools and liars.