From the article:
These are proportions of the income tax alone and don’t include payroll taxes for Social Security and Medicare.
Gee I wonder why those were excluded. It couldn't be because they are substantial percentages of lower middle class and working poor salaries, yet have caps that limit the proportionate effect on high income earners. After all, the math for applying these is quite simple. Also these taxes aren't even applied to investment income, and who has the lions share of that?
None of that could be the explanation because that would mean that the numbers offered up were an incomplete, misleading picture. But the article then goes on to use the misleading info anyway.
I'll also note that these numbers are a bit dated. It's a 2007 article. Taxes on the wealthy are even lower under the Obama adminstration than under the Bush administration.
So why might the article be written in a way to promote the interest of the one percent? Please. An article published on the website of the American Enterprise Institute? Let's look at a few more articles linked to from the article Buz cites:
The Origins of Envy By Max Borders .
Tim Tebow and the Atheist’s Dilemma By Lee Harris
How Many Jobs Did Romney Create at Bain? By Steve Kaplan
If you read the articles you'll find that they are all heavily spun in exactly the direction any article that Buz cites would spin.
'Nuff said.
Edited by NoNukes, : No reason given.
Under a government which imprisons any unjustly, the true place for a just man is also in prison. The proper place to-day, the only place which Massachusetts has provided for her freer and less desponding spirits, is in her prisons, to be put out and locked out of the State by her own act, as they have already put themselves out by their principles. Thoreau: Civil Disobedience (1846)