Chris Banescu: Coddling Misinformation About Taxation

Top 10% pay 70% of all taxes. Warren Buffett and President Obama claim that the rich do not pay enough taxes. They both accuse the American tax code of being unfair and coddling the rich. Both have been pushing the same class warfare narrative for years, using current U.S. capital gains and dividends taxation rates as evidence for their big-government  ... MORE