Friday, October 24th

The Truth-o-Meter says: False | Michele Bachmann says top 1 percent pay 40 percent of all federal taxes

In an April 13, 2011, interview on NBC’s Today show, Rep. Michele Bachmann, R-Minn., offered a striking statistic describing how much of the tax burden in the United States is borne by the wealthy. In the interview, host Matt Lauer cited a deficit-reduction plan offered by Rep. Paul Ryan, R-Wis., and asked why it included a major restructuring of Medicare but protected tax cuts for upper-income Americans. "If that's on the table, then why shouldn't the burden be equally shared?" Lauer asked. "Why shouldn't we put some of that burden on the wealthy …

>> READ THE REST AT POLITIFACT.COM

Leave a Reply

Share
Share

TAG CLOUD

POPULAR


Subscribe