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4/06/2004

Bartlett on Relative Taxation

Bartlett on Relative Taxation

Bruce Bartlett: Who pays the taxes?

Looking at the share of taxes paid shows a similar pattern. From 1984 to 2001, those in the bottom quintile reduced their share of the total tax burden from 2.4 percent to 1.1 percent. Those in the top quintile saw their share rise from 55.6 percent to 65.3 percent. Among the ultra wealthy, the top 10 percent increased their share from 39.3 percent to 50 percent, the top 5 percent raised their share from 28.2 percent to 38.5 percent, and that of those in the top 1 percent went up from 14.7 percent to 22.7 percent.

In short, the poor paid half as much of the federal tax burden in 2001 as they did in 1984, while the rich paid about 50 percent more. Those in the middle paid about a third less.

One would think that those on the left would be happy about this trend. Instead, they constantly demagogue the wealthy as deadbeats unwilling to bear their "fair share" of the tax burden, and berate the Bush tax cuts for having "slashed" taxes for the wealthy, while the rest of us pay more. As is so often the case, the truth is exactly the opposite of that portrayed in the liberal worldview.