@AriFleischer The share of total federal tax paid by bottom 60% dropped from 22.5% in '79 to 14.4% today. Source: CBO
@AriFleischer The share of total federal tax paid by middle income dropped from 21% in '79 to 16.5% in '07.
@AriFleischer The share of total federal taxes paid by top 10% rose from 40.7% in '79 to 55% in '07.
The share of total federal taxes paid by top 1% rose from 15.4% in '79 to 28.1% in '07What Ari Fleischer omits is that in the same period (1979 to 2007), according to the Congressional Budget Office, income growth in the US has been distributed as follows:
- 275 percent for the top 1 percent of households,
- 65 percent for the next 19 percent,
- Just under 40 percent for the next 60 percent, and
- 18 percent for the bottom 20 percent.