Much noise has been made lately about increasing taxes on the top 1% of income earners in the United States.  One of the more prominent mantras that has emerged from this is that the top earners should,"pay their fair share".  Well, the truth is that they have been.  Lets find out who hasn't.

The facts are these.  The nearest tax year that we have full data to draw upon is 2008.  In 2008 the responsibility for tax revenues fell as such:

Top 1%   38.02%

Top5%    58.72%

Top10%  69.94%

Top25%  86.34%

Top50%  97.30%

Bottom 50%?  2.7%

http://ntu.org/tax-basics/who-pays-income-taxes.html

Not only are the top 1% of earners paying "their fair share" but they are paying nearly 40% of ALL federal income tax when they only earn 20% of ALL income in the US.  Interestingly enough this mantra of "their fair share" is backwards.  It's being used as an exuse to raise taxes on the top 1% of earners back to the Clinton era tax rates.  However, under those tax rates the top 1% paid LESS, that's right LESS of the overall income tax burden.

So the mantra of "their fair share" can be thrown out the window.  It has been proven false.  The rich are paying their share of our taxes.  Those that are not are the lower 50% of income earners.  There should be a minimum ammount of tax paid by each earner.  Zero should never be an option for federal taxes.  Everyone enjoys the freedom our military brings to this country.  Everyone should pay something.  Our tax system has become disproportionate with income levels and should be re-written.  Corporate taxes?  Well, that's another story for another time.

http://washingtonexaminer.com/blogs/beltway-confidential/2011/04/if-rich-arent-paying-their-fair-share-then-whats-fair