When Catie Couric dares to defy her own god, you know there’s trouble in the White House.
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PETER FERRARA: Obama Is So Clueless About Federal Taxes « FOX Forum « FOXNews.com
Before Obama became president, the top 1% of income earners already paid 40% of the total federal income taxes. The top 5% of the population the president is targeting for tax hikes already paid 60% of federal income taxes.
By contrast, the bottom 40% of income earners, who lefties like Obama often refer to as “working people” or the “working class,” as a group already paid no income taxes. Instead, they received net payments from the tax system equal to 3.8% of total income taxes. In other words, the bottom 40% paid negative 3.8% of total federal income taxes.
In addition, the middle 20% of income earners, the actual middle class, paid just 4.7% of total federal income taxes, before Obama even won the election.
via PETER FERRARA: Obama Is So Clueless About Federal Taxes « FOX Forum « FOXNews.com.