My original reading of the Budget proposal by President Obama had me irritated as well as humorously annoyed at the gross misrepresentation of the current and historic breakdown of who pays what in regards to taxes.  During the election I sent out a detailed breakdown and comparison of the most recent Republican and Democrat taxation laws (levels, total federal income, %age of American's paying taxes, %age of total tax paid by income level, etc)

After reading the following quotes just now, I cannot let the misrepresentation continue.

Geithner said the budget reflects what Obama views as "a deep moral imperative to make our society more just. But it's very good economic policy, too. It will mean there is again a fairer, more equitably shared tax burden on the vast majority of Americans.

"It is making the tax code more fair," Rep. John Lewis, D-Ga., told Geithner.

Fair...hmmm....lets take a look and see how "unfair" the current system is:

The top 1% of wage earners in the Us pays just under 40% of the total tax revenue collected by the IRS.  Seems like a rather large slice of the tax pie.  Expanding the scope to the top 5% of earners we now account for just over 60% of the total tax revenues.  The top 10% of wage earners pay 70% of the revenues, the top 25% pay just over 86%, and the top 50% of American tax payers fund just over 97% of the Government. 

So what do you think is fair Mr Geithner? (obviously not that you should pay your "fair" share)  And if the "I forgot to pay my taxes - honest mistake" comments are a cheap shot, so be it.  The same group that wants to increase taxes out of fairness fails to pay their own share.

I will save the rant about making billions of dollars worth of budget plans for a universal health care system that does not (and hopefully will not) exist, the redistribution of wealth in the form of enviromental taxes on coorporations that will be reformed into tax rebates.

I am sick of hearing how "unfair" the tax system is.  I am nowhere near that $250,000 mark that Obama will seek to punish for being sucessful - but I do not feel that they pay an unfairly low amount.  $250,000 and up pays somewhere in the neighborhood fo 50% of the tax revenue while only accounting for approx 3% of the tax payers. 

I hope that everyone noticed that, in the new tax proposal, the government will also collect 7cents of every dollar that the top 3% donate to charity.  Because its not fair that they get a 35cent deduction while others only get a 10-28cent deduction....nevermind the fact that no one else pays 35% tax to begin with.  Ah well, I guess when charities begin to suffer and dwindle away the government will be the only one with the power to take over that as well.