McConnell: Tax code benefits the poor and needs to be changed
- Senate Minority Leader Mitch McConnell (R-KY) says that the U.S. tax system is unfair to the wealthiest Americans.â€śI understand full well that our friends on the other side live to every day to raise taxes,â€ť McConnell told CBS host Charlie Rose on Tuesday. â€śAlmost 70 percent of the federal revenue is provided by the top 10 percent of taxpayers now. Between 45 and 50 percent of Americans pay no income tax at all.â€ť
WTF I bet you that those 10% own about 95% of the USA's wealth!