Paying their share

It is often mis-stated that the “rich” don’t pay their share. When it comes to federal income taxes, as the Tax Foundation’s new chart points out, they most definitely do pay their share (and more).

There is always the rejoinder that other taxes are not so progressive and that payroll taxes are “regressive.” This is true and is yet another reason to reform those broken and heavily-indebted programs from the ground up.