Tuesday, October 9, 2012

Whoops! (10% Edition)

PICKET: New book shows U.S. top earners pay larger share of taxes than any other industrialized nation - Washington Times: ""The United States is actually more dependent on rich people to pay taxes than even many of the more socialized economies of Europe. According to the Tax Foundation, the United States gets 45 percent of its total taxes from the top 10 percent of tax filers, whereas the international average in industrialized nations is 32 percent. America’s rich carry a larger share of the tax burden than do the rich in Belgium (25 percent), Germany (31 percent), France (28 percent), and even Sweden (27 percent).""