During his "My Take," Monday, "Varney & Co." host Stuart Varney discussed Demcorats' "fair share" tax ideology after new IRS data showed the extent of their tax "unfairness." STUART VARNEY: What exactly is a "fair share?" How much of your income should the government take? One third? One half? The left never says, but they always want more. New IRS data shows the extent of the unfairness BIDEN ISN'T DONE TAXING US TO DEATH.
The top 1% of income earners paid 40% of all income taxes, yet they earned just 22% of the total income. In other words, the tax they paid was double their share of income. Is that fair? No, it's not fair according to Senators Sanders and Warren. They want to take even more. They want to push the top rate from 37% now to 39.6%. Hopefully, President Trump will stop them.