You CON% just make this crap up out of thin air. According to the 2005 CBO report, the top 1% paid 27.6% of all federal taxes. You obviously are not counting all wealth or all taxes.
How Bush Widened The Wealth Gap
Today the top 1% of households receives more pretax income than the bottom 40%. And the distribution of wealth is even more lopsided. The top 1% of households owns nearly 40% of total household wealth -- more than the bottom 90% of households combined -- and earns half of all capital income. Income and wealth are more unevenly distributed among Americans than at any time since the Jazz Age of the 1920s.
According to the figures, the richest 1% reported 22% of the nation's total adjusted gross income in 2006. That is up from 21.2% a year earlier, and is the highest in the 19 years that the IRS has kept strictly comparable figures. The 1988 level was 15.2%. Earlier IRS data show the last year the share of income belonging to the top 1% was at such a high level as it was in 2006 was in 1929, but changes in measuring income make a precise comparison difficult.
The average tax rate in 2006 for the top 1%, based on adjusted gross income, was 22.8%, down slightly from 2005 and the fifth straight year of declines. The average tax rate of this group was 28.9% in 1996, and was 24% in 1988.
As the wealthiest Americans' share of income has risen, so has their share of the income-tax burden. The group paid 39.9% of all income taxes in 2006, compared with 27.6% in 1988."
From the WSJ, Richest Americans See
Their Income Share Grow
By JESSE DRUCKER
July 23, 2008; Page A3
Based on your attack of a completly checkable fact, you must be one of those worthless, whiney, ne'er-do-well liberals.
Would you like to retract your criticism?