They had their opportunity in 2010 when they still controlled the House and Senate and the rates were set to expire. Sorry, missy, but these are the Bush-Obama tax rates.
Their @#&% demagogic plan will do NOTHING to get people working again.
Getting people back to work will increase revenues far better than raising rates on some arbitrary 'class' of tax payer.
What's the matter with these damnable people?
That's because their staffers have already told them what the top 2% is paying. If they get pinned into quoting a number, they'll have to cite a "reasonable" one. And then someone will point out that threshold is already met.
Do you know what proportion of federal individual income taxes the top 2% actually pay? I'm not trying to make you look bad. I'm just trying to point out that few people actually know.
I didn't pick 2% arbitrarily. It's where singles with 200K AGI and married couples with 250K AGI fall on the scale, according to the IRS's own data.
And according to the IRS's data, the top 2% paid 45.35% of all federal individual income taxes in 2009. That's down from 48.68% in 2007.
(David, I pinged you on this response because I realized I misread the table in my last posting to you. I accidentally read off the numbers for the top 3% earlier.)