have been transferring the tax burden from the rich to the poor, allowing the fat cats to get away without paying their fair share while hurting the poor and middle class. Right?
Here are the actual percentages of the total federal income taxes paid (last year figures are available for is 2006):
The top 1 % of wage earners
The top 5 % of wage earners
The top 10 % of wage earners
The top 25 % of wage earners
The top 50 % of wage earners
The bottom 50 % of wage earners
(figures from the The Tax Foundation They also have links to the raw data from the Internal Revenue Service)
Under the Bush tax cuts, the bottom 50% have seen their share of taxes paid cut by 25.5%, while every taxpayer in the upper 50% have seen their share increase. Not that it matters, of course- the real issues in this race are Palin's wardrobe and Biden's Botox injections.