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'Meet The Press' Addresses Tax Hikes

Posted By Rory Cooper On March 2, 2009 @ 3:57 pm In Ongoing Priorities | Comments Disabled

[youtube]http://www.youtube.com/watch?v=faOE3aWyTIg[/youtube]Yesterday, on Meet The Press [1], David Gregory introduced a roundtable conversation on President Obama’s plans to raise taxes, by quoting Brian Riedl [2] of the Heritage Foundation. Brian’s research [3] shows that the top 20 percent of taxpayers currently pay more than 80 percent of all taxes collected. And 40 percent of households pay no income tax. Under President Obama’s plan, the top 20 percent of all tax filers would pay 90 percent of all taxes, and the number of families who owe no tax would climb to 50 percent.

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URL to article: http://blog.heritage.org/2009/03/02/meet-the-press-addresses-tax-hikes/

URLs in this post:

[1] Meet The Press: http://www.msnbc.msn.com/id/3032608

[2] quoting Brian Riedl: http://www.latimes.com/news/nationworld/washingtondc/la-na-obama-budget28-2009feb28,0,79377,full.story

[3] Brian’s research: http://www.heritage.org/Research/Budget/wm2309.cfm

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