May 19, 2011 04:48 PM | Permalink |
As House Speaker John Boehner and other Republican leaders in Congress continue to assert that tax increases even on the very wealthiest Americans are “off the table,” one rationale sometimes advanced for this view is that Americans who work hard and become successful have to pay over a third of their income in federal income taxes. However, data recently released from the IRS show that this is not remotely true.