Chris Wallace Continues to Pretend the Rich are Already Paying Their Fair Share of Taxes
Click here to view this media Senior White House adviser David Plouffe was out there making the rounds this Sunday, defending President Obama’s deficit reduction plan which has Republicans up in arms because he’s dared to suggest that the rich should be paying more in taxes. During Plouffe’s interview on Fox News Sunday, Wallace did his best to play concern troll for the wealthiest among us, trotting out some of the same tired talking points we’ve been hearing from Republicans, and repeated constantly on Fox, for some time now. Chris Hayes debunked one of them this weekend on his show that Nicole wrote about here — Chris Hayes: Welcome To Inequalistan! : No sophomore slump for the second weekend of Up with Chris Hayes . On Saturday, Hayes took on the ever-present, but disingenuous, conservative talking point that the top ten percent of income earners pay seventy percent of income taxes. Nothing says “patriotic American” more than defending the super-rich from a three percent hike to pre-Bush tax levels : You have to hand it to Brooks–he has a flair for turning reality upside down that George Orwell would admire. The wealthiest 10 percent pay nearly 70 percent of all income taxes in this country because they make more than 70 percent of all the income! Check out Mother Jones charts on skyrocketing income inequality in America. Over the last decade, as incomes for the very wealthy have soared, their tax rates have fallen. That 31 percent Brooks grouses about is considerably lower than the 37 percent they paid when they controlled less of the nation’s money than they do now. And Paul Krugman debunked the other as Susie noted in her post here –
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Chris Wallace Continues to Pretend the Rich are Already Paying Their Fair Share of Taxes
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on September 25, 2011. Filed under