Thursday, April 29, 2021

Twenty First Question for President Biden

Mr. Biden, in your address to the Nation last night you argued that the wealthy needed to start paying their fair-share. Being that the top 1% is already paying 40.1% of all income taxes (greater than the botom 50% combined) and an effective tax-rate in excess of 25% (https://taxfoundation.org/federal-income-tax-data-2021/), what would your satisfactory definition of "fair-share" be? And, please, be specific.

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