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Location: Nashville, Tennessee, United States

6/04/2002

Another lie bites the dust
In this editorial, Bartholomew Sullivan, an 'unbiased' regional reporter for the Memphis Commercial-Appeal argues in favor of not just an income tax but a progressive income tax (one that levies higher tax rates on people with higher incomes) claiming that rich people oughta pay more because they get more benefit from government.

He puts it this way: "The rich get more of the benefits of government ... and should be expected to pay more for it."

It sounds good but it isn't true, according to this great report from Mike Krause, senior fellow at the Independence Institute:

"In 1999, the top 5% of earners (which includes many high wage earners) accounted for 34% of the reported adjusted gross incomes but paid 55.5% of all federal personal income taxes and consumed the fewest government services.