Stephen Moore: Rich Pay Higher Share of Taxes in U.S. Than Other Countries
The Wall Street Journal's Stephen Moore has just come out with a new book titled Who's the Fairest of Them All?: The Truth about Opportunity, Taxes, and Wealth in America and he reveals some interesting information about how much the top ten percent of income earners in the United States pay in federal income taxes as opposed to any other industrialized nation in the world.
According to Moore, these earners pay almost half (45 percent) of the country's total taxes. This conclusion flies in the face of the liberal concept that top earners in the U.S. are not paying their "fair share" in taxes.
Source: Washington Times. Read full article. (link)
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The US also has more income disparity, so it makes perfect sense that the richest 10% would pay more, as a proportion, than in other countries.