Tuesday, September 20, 2011

Fact Check on Millionaire Taxes

The Associated Press just published a rebuttal to Obama's claim regarding how much millionaires pay in taxes.  While it's true that 1470 millionaires did not pay taxes they represent only 1% of the 237,000 millionaires who paid taxes.  The average % paid by millionaires was 29.1 % of their income.

Once again, Obama takes a snippet of data and uses it to mis-inform the public for no other reason than using Class Warfare to energize his re-election.

http://abcnews.go.com/Politics/wireStory/fact-check-rich-taxed-secretaries-14561376

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