Bill Clinton’s relationship with the truth has not changed since the 1990’s. Breitbart.com posted a video of Bill Clinton on CNN yesterday explaining that the American people are easily confused by plans of lower taxes and lower spending. In the video he cited a few facts that were simply not true. See the numbers below taken from the National Taxpayers Union to see who actually pays income taxes in America.
Who Pays Income Taxes and How Much?Tax Year 2009 |
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| Percentiles Ranked by AGI | AGI Threshold on Percentiles | Percentage of Federal Personal Income Tax Paid |
| Top 1% | $343,927 | 36.73 |
| Top 5% | $154,643 | 58.66 |
| Top 10% | $112,124 | 70.47 |
| Top 25% | $66,193 | 87.3 |
| Top 50% | $32,396 | 97.75 |
| Bottom 50% | <$32,396 | 2.25 |
| Note: AGI is Adjusted Gross Income | ||
| Source: Internal Revenue Service | ||
Lower taxes and smaller government allow the private sector to grow. There is nothing confusing about that, and the American people are not confused. We are reaching the point where more people are taking money out of government that are putting money in. At that point the system totally breaks down and America as we have known it disappears. This election may be our last chance to prevent that.
