Hannity: The Rich Are Already Paying Their Fair Share of Taxes

‘The rich that they hate so much — ‘

RUSH TRANSCRIPT:
HANNITY: "They don't know what they're talking about. The Trump hating "Washington Post" a perfect example. They attacked the president's tax plan. Look at the headline what it says. GOP proposes deep tax cuts but provides few details how to pay for them. This is what the liberal press and people on the left will never, ever understand in spite of Reagan and Kennedy's success. It is not a zero sum game. You want to grow the economy. And if you do that, well, those people out of work and in poverty and on food stamps will have jobs and stop taking hand-outs and start paying taxes. In other words, you incentivize people to work and pay taxes and create an environment growth oriented. The media and Democrats play class warfare. You have to remember this, Democrats and the mainstream left establishment media they are not telling you that under President Obama, they will never tell you this, 13 million more Americans were on food stamps. 8 million more Americans were put in poverty. 95 million Americans were out of the labor force. Lowest labor participation rate since the 70s and lowest home ownership rate in 51 years. President Obama accumulated more debt than every other president before him combined. Great job, President Obama. Now, they also don't want you to know that here is the facts. The rich that they hate so much, the top 1% of wage earners in America according to the I.R.S. pay 39.5% of all federal income taxes. Top 10% wage earners pay 70.9% of personal income taxes. It sounds like the rich are paying their fair share to me. The bottom 50% pay 2.8% combined and 35% of tax filers pay nothing, zero federal income tax. Under President Trump's plan they will even pay less. My advice to the GOP is simple. Stay the course, follow the Reagan, the Kennedy models and stick to the plan that the president is proposing."

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