{"id":4004,"date":"2009-07-20T15:16:52","date_gmt":"2009-07-20T20:16:52","guid":{"rendered":"http:\/\/www.sequenceinc.com\/fraudfiles\/?p=4004"},"modified":"2011-08-15T23:30:38","modified_gmt":"2011-08-16T04:30:38","slug":"who-pays-all-the-income-taxes","status":"publish","type":"post","link":"https:\/\/www.sequenceinc.com\/fraudfiles\/who-pays-all-the-income-taxes\/","title":{"rendered":"Who Pays All the Income Taxes?"},"content":{"rendered":"<p>Obamanomics has made it popular to call on the &#8220;rich&#8221; to pay &#8220;their fair share&#8221; of taxes. Lets increase taxes to pay for ineffective, unnecessary, wasteful government spending, but lets make sure the &#8220;rich&#8221; are the ones who pay those increased taxes. After all, if they have a lot of money, they should pay a lot in taxes, right? Except what those promoting this idea often ignore is that the &#8220;rich&#8221; already pay far more than &#8220;their fair share&#8221; of taxes. They already pay <strong>almost all <\/strong>of the taxes.<!--more--><\/p>\n<p>Check out the beautiful illustration below. Simply&#8230; the top 10% of earners pay 71% of the income taxes. Sounds like much more than their fair share to me!<\/p>\n<p>(click on the graphic to go to the website of The Heritage Foundation and use the interactive features)<\/p>\n<p><a href=\"http:\/\/www.heritage.org\/research\/features\/BudgetChartBook\/-Progressive-Taxes-Interactive-Chart.aspx\"><img decoding=\"async\" class=\"lazyload aligncenter size-full wp-image-4005\" title=\"taxes\" src=\"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/2009\/07\/taxes.gif\" data-orig-src=\"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/2009\/07\/taxes.gif\" alt=\"taxes\" width=\"505\" height=\"326\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27505%27%20height%3D%27326%27%20viewBox%3D%270%200%20505%20326%27%3E%3Crect%20width%3D%27505%27%20height%3D%27326%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/2009\/07\/taxes-300x194.gif 300w, https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/2009\/07\/taxes.gif 832w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 505px) 100vw, 505px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Obamanomics has made it popular to call on the &#8220;rich&#8221; to pay &#8220;their fair share&#8221; of taxes. Lets increase taxes to pay for ineffective, unnecessary, wasteful government spending, but lets make sure the &#8220;rich&#8221; are the ones who pay those [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[824,5,826],"tags":[944,943],"class_list":["post-4004","post","type-post","status-publish","format-standard","hentry","category-consumer-protection","category-fraud-news-stories","category-taxes-tax-fraud","tag-fair-tax","tag-income-taxes"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-12A","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/4004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=4004"}],"version-history":[{"count":0,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/4004\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=4004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=4004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=4004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}