Commentary

IRS Data: Wealthier Americans Actually Pay More Than Their "Fair Share"

By Timothy H. Lee
Thursday, March 10 2016

Do you or anyone you know insist that wealthier Americans should pay their "fair share" of the nation's taxes? If so, then there's good news: They already do. In fact, according to Internal Revenue Service (IRS) data, they pay far more than their fair share. The IRS recently released its annual summary of tax data for the calendar year 2013, and it contains a wealth of surprising correctives for Barack Obama, Hillary Clinton, Bernie Sanders, mainstream media pundits and the political left more generally. Specifically, those in upper income brackets pay…

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