Monday, July 25, 2011

Chart of the day

President Obama, speaking earlier today: "The best way to take on our deficit is with a balanced approach -- one where the wealthiest Americans and big corporations pay their fair share, too."

Mr. President, ahem:

Source: Mark Perry

Particularly note what happened to the percentage of Americans paying zero federal income tax during the last decade, after President Bush allegedly gave away the store to the rich. 

On a related note, check out this column by Thomas Sowell. 

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