Rich Paid %23 More Under Bush Tax Cuts

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IRS data show that the richest 1% paid $84 billion more in taxes in 2007 than they had in 2000 — that’s a 23% increase — even though their average tax rate went down. What’s more, their share of the overall income tax burden grew, climbing from 37% in 2000 to 40% in 2007.

Obama’s Re-election Strategy: Promising to Raise Taxes

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Why the public will reject the president’s latest campaign gambit.

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