President Barack Obama continually reminds Americans that the wealthy "do not pay their fair share of income taxes." Really?
While reported in every news outlet except the mainstream media, the following factoid has been reported by no less than the IRS; The top 1 percent of wage earners pay 40 percent of all federal income taxes collected. And the top 10 percent pay 67 percent. Furthermore, the bottom 47 percent pay no federal income taxes at all, and many of them actually receive up to $5,000 a year as earned income credit. Is that fair?
Is it fair that those who actually work for a living have their wealth confiscated by the force of law and given by government to hundreds of thousands of able-bodied people who won't work and instead receive food stamps, welfare and unemployment compensation?
Now in full campaign mode, Obama is using class warfare in an attempt to split America apart instead of joining all sides together for our collective well-being.
Obama often states that the rich are getting richer at the expense of the poor, with the implication that the rich are taking money away from them. Nothing could be further from the truth. Over many years, it has been proved that that bottom 20 percent is always in an upward movement. Meaning that the current 20 percent eventually moves up into the middle class.
While it would be impolite to call the pesident a liar, is it inappropriate to call a liar, "Mr. President"?