The rich are paying for most of government largess

Mark Perry:
New CBO study shows that ‘the rich’ don’t just pay their ‘fair share,’ they pay almost everybody’s share

...
... the CBO study shows that the bottom three income quintiles representing 60% of US households are “net recipients” (they receive more in transfer payments than they pay in federal taxes), the second-highest income quintile pays just slightly more in federal taxes ($14,800) than it receives in government transfer payments ($14,100), while the top 20% of American “net payer” households finance 100% of the transfer payments to the bottom 60%, as well as almost 100% of the tax revenue collected to run the federal government. Here are the details of that analysis.
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There is much more.

This study undercuts most of the talking points of Democrat politicians when it comes to the tax code.

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