>>In 2007, 390,000 tax filers reported adjusted gross income of $1 million or more and paid $309 billion in taxes. In 2009, there were only 237,000 such filers, a decline of 39%. Almost four of 10 millionaires vanished in two years, and the total taxes they paid in 2009 declined to $178 billion, a drop of 42%<<
Food stamps usage at all-time high.
Misery index at 28 year high.
US borrowing tops 100% of GDP.
The USA's $15+ trillion debt is on a Big-Gov Lefty Prog_Hole_Democrat spin, crash and burn flight to $30 trillion over the next ten years.
The percentage of the total economy being held by people paying 15% has been increasing at a rapid pace in the last couple decades. This means that more and more economic activity is being taxed less and less. So, lets say some time in the past 5% of the economy was held by the ultra wealthy, then 5% of the economy would be taxed at 15% and 50% at higher rates. Now squeeze the middle class into the lower class reducing the 50% and expand the 5% to 47%. What happens to the tax structure. The republicans want to expand the 47% fibure to at least 70%.