THE POLITICAL VIKING'S WAR ON WRONG: Taxes to Balance the Budget? Not Unless Rates Go Up 150 Percent, Study Says

"IRS data showed that in 2008, the top 5 percent of earners -- households earning more than $160,000 -- accounted for about 59 percent of all federal income tax paid. The next 45 percent -- solidly middle-class taxpayers earning between $33,000 and $160,000 -- accounted for about 39 percent of all personal income tax paid."