Today, the median wage of a Single Worker in America is $26,000 and pays 23.4% of their income in total taxes.
The top 400 richest people had a median wage of $344,590,000, but only pay 16.9% of their income in total taxes.
This means that the bottom 99.9% of Americans pay a 38.5% higher tax burden than the super rich. In 2000, Clinton's last year, corporations paid at an average real tax rate of 15.2%, $249.9 billion. But in 2008, Bush's last year (the last year figures are available), they paid at an average real tax rate of 12.6%, $230.1 billion. - from Thom Hartman: Secrets the Rich don't Want You to Know
We don't have a BUDGET problem, we clearly have a REVENUE problem.
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