Their Fair Share – The WSJ looks at the status of the tax attacks on the evil rich in this country.

New IRS Tax Numbers: “Rich” Pay Highest Share in 40 Years – From Rush

The polarization of the income tax burden in the spirit of screwing the evil rich continues. When more than half of the voting public has been practically winnowed out of the tax paying populace, our rulers can continue to financially rape the evil rich minority with complete impunity.

This chart illustrating the 2005 income tax burden from the Heritage Foundation is very enlightening:

(Click on image for full size)

These quotes come to mind on this aspect of heavily taxing a minority:

Milton Friedman:
“Congress can raise taxes because it can persuade a sizable fraction of the populace that somebody else will pay.”

“A government which robs Peter to pay Paul can always depend on the support of Paul.”
— George Bernard Shaw

Vanya Cohen:
When there’s a single thief, it’s robbery. When there are a thousand thieves, it’s taxation.

Snopes.com has an interesting look at the Federal income taxes at various income levels under the tax rate structure from the Clintons’ 1999 and Bush’s 2008. No surprise which is lower for every income level.

If the Bush tax cuts are allowed to expire, eveyone at all income levels will see their taxes jump by quite a bit.

The Tax Foundation has calculated that this year’s Tax Freedom Day is tomorrow, April 23. They’ve produced an entertaining and informative video on what this means.