Cliff Stearns: “According to the IRS, the top 50 percent of taxpayers pay 95.2 percent of the income tax. Let me just repeat that.…”

“According to the IRS, the top 50 percent of taxpayers pay 95.2 percent of the income tax. Let me just repeat that. According to the IRS, the top 50 percent of taxpayers pay 95.2 percent of the income tax. If Members understand that, then they can immediately see that of course those earning above the median income benefit the most from tax relief. After all, they bear the brunt of the tax burden. In other words, when the folks on that side talk about tax cuts going to the benefit of only the wealthy, what they are really stating is nothing more than the fact that people with higher incomes pay higher taxes, which is not exactly news. If one person makes $30,000 a year and another person makes $50,000 a year and both get a tax cut of 10 percent, could someone on that side of the aisle please explain to me how that is unfair to the person earning $30,000 a year? Could someone on that side please explain to me how the person making $30,000 a year is now getting a bad deal?”